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China Daily | Updated: 2016-10-12 06:52

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Biz: World's most valuable 'unicorn' companies

Private companies valued at $1 billion and above are called "unicorns". There are 176 such companies in the world with a combined valuation of $626 billion as of Aug 31, according to the Unicorn List released by the US consulting company CB Insights, based in New York.

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