The number of Chinese unicorns—startups with more than a $1 billion valuation—are growing so fast that later we might have to change the term into “dragons” in the future. The country now has 55 unicorns becoming the second-richest country in unicorn companies, followed by India and the UK. This is partly due to the ever-growing activity of Chinese venture capital and tech giants in the sector.

Among 2017’s newly added 57 unicorns hail from US (56%), while 18 startups hail from China (32%), that is up from last years 43% for US, and 29% for China, according to US-based data analysis firm PitchBook’s 2017 Unicorn Report. CBInsights numbers China’s total unicorns as 55 companies while PitchBook numbers them as 57 companies, as they have different criteria to list unicorns.

We posted 4 takeaways from 34 new-born unicorns in China, and in this post, let’s first look at each of the new unicorns in turn and then compare them to those of 2016 as these unicorns give a good bird-view of trending startup sectors in China. Please note that 34 new-born unicorn list is from ITjuzi’s database, and unicorns on this post are from CB Insight’s complete unicorn list.

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Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com