Unicorns in China are growing faster than ever and have surpassed the US, but increased govt scrutiny and retrenchment of startups like Ofo worries some experts (Wall Street Journal)

Wall Street Journal:
Unicorns in China are growing faster than ever and have surpassed the US, but increased govt scrutiny and retrenchment of startups like Ofo worries some experts  —  Welcome to the land of ‘unicorns’ and super-cheap meals.  The rewards are rich, as are valuations.  And the risks are rising.

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