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4 Beijing E-Town companies among Top 100 New Economy Unicorns

Updated: 2022-10-25

Recently, iiMedia Research, a data mining and analysis agency for the new economy industry, released its "2022 Top 100 New Economy Unicorn Enterprises in China". 

Four companies in Beijing E-Town were selected onto the list, namely, JD Technology, Tenglong Data, Eswin Technology, and Jingdong Industrial Products. 

Among them, JD Technology and Tenglong Data featured in the top ten.

Enterprises on the list are selected based on the following criteria: they must be a new economy industry that has been established within the last 10 years, have a valuation of more than $1 billion, have obtained venture capital, and have not yet been listed. 

The selection combined the three first-level indicators of the iiMeval big data evaluation model, comprehensive strength indicators of enterprises, and development prospects of the industry, 

The list also focuses other three-level evaluation factors, explicitly, the overall development trend of enterprises, investment and financing valuation levels, the evaluation of business sentiment and public opinion, and the competition in sub-sectors.