The first gear: the first-line Internet giant. The market value of hundreds of billions of dollars. For example, Tencent, Ali, ByteDance, Meituan, Pinduoduo, AutoHurry, Baidu, Didi and so on.
Second gear: second-tier Internet giants. Companies of this grade correspond to 1, 000- 1, 000 billion, mainly the head companies that subdivide the track. For example, Branch Holdings, Good Future, Weibo, Netease, Ctrip, and so on.
Third gear: unicorn. Among the tens of thousands of Internet companies in China, there are many companies at this level, such as Lala and Huya. For the research of unicorn enterprises, you can check the relevant white papers on its boss cloud app.
The fourth gear: startups. Mainly refers to many early Internet companies, basically concentrated before the C and D rounds, and the development of entrepreneurial enterprises is basically in an immature stage.