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Decacone

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An unlisted startup valued at over $10 billion in equity valuation (market capitalization), Decacorn is a term coined from the combination of Deca (a prefix meaning 10x) and Unicorn (the legendary unicorn). The term was coined in 2017 as a new benchmark for the number of unicorn companies that have quickly surpassed $1 billion in market capitalization in the U.S. Airbnb and Uber were among the most notable decacorns at the time, and now, in 2020, DiDi and DJI are among the decacorns in China. As of 2020, DiDi, DJI and others are counted as decacorns in China, and China's presence is growing.

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