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China’s unicorns driving Asia’s growth story

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China’s unicorns driving Asia’s growth story - SCMP

Quick Summary:

His speech, part of a wider presence by the company at the expo, shed light on the transformative potential of these high-growth firms and the need for stronger cross-border collaboration in the region.   China’s unicorns – companies valued at over US$1 billion – are not just the poster children of economic success but are increasingly seen as drivers of technological transformation.

The content of this article has been produced by our advertising partner.] At the Smart Nation Expo 2024 in Kuala Lumpur from November 21, Ge Jun, Co-Chair of the Board of TOJOY Holding and CEO of TOJOY Enterprise Services, delivered a bold message about the role of China’s unicorns in shaping the future of productivity and innovation across Asia.

The "Second Curve”    Ge outlined TOJOY’s approach to supporting unicorns as they navigate what he calls the "second curve” of growth.  While the first curve focuses on rapid, capital-driven expansion – scaling up, capturing market share, and attracting investment – he argued that this model eventually runs into diminishing returns.


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Article Details

Author / Journalist: Advertising partner

Category: Business

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 09:56:24 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 204 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23911398

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