Year End Specials: The new herd of unicorns built in 2017

Here are all the new Asian unicorns from 2017, grouped by vertical and product category

Transportation

NIO

Following the collapse of Tesla wannabe Faraday Future – bankrolled by former billionaire Jia Yueting – NIO has taken over as China’s rising electric car company. Backed by Tencent, Baidu, and Sequoia Capital, NIO (previously known as NextEV) is also entering the self-driving space.
 
Real estate

UrWork

Co-working spaces are a dime a dozen in China’s major cities. Amid increasing competition, different spaces are upping the ante to attract more tenants, such as offering free-flowing beer and other perks.
 
Artificial intelligence and big data

SenseTime
 
As the demand for facial