2025année  ·  Hurun Global Gazelle

(20 January 2026, Beijing’s Yizhuang District, China, Mumbai, India and Oxford, UK) The Hurun Research Institute today released the Hurun Future Unicorns: Global Gazelles Index 2025, a list of the world’s start-ups founded in the 2000s, not yet listed on a public exchange and most likely to ‘go unicorn’, i.e. hit a valuation of US$1bn, within three years, ie by 2028. The cut-off date used was 31 October 2025. Hurun Research has been tracking Unicorns since 2017, ‘Future Unicorns: Gazelles’ since 2019 and ‘Future Unicorns: Cheetahs’ since 2020. This is the fifth year Hurun Research has launched the Hurun Gazelles Index on a global level.

2025année  ·  Hurun Global Gazelle

(20 January 2026, Beijing’s Yizhuang District, China, Mumbai, India and Oxford, UK) The Hurun Research Institute today released the Hurun Future Unicorns: Global Gazelles Index 2025, a list of the world’s start-ups founded in the 2000s, not yet listed on a public exchange and most likely to ‘go unicorn’, i.e. hit a valuation of US$1bn, within three years, ie by 2028. The cut-off date used was 31 October 2025. Hurun Research has been tracking Unicorns since 2017, ‘Future Unicorns: Gazelles’ since 2019 and ‘Future Unicorns: Cheetahs’ since 2020. This is the fifth year Hurun Research has launched the Hurun Gazelles Index on a global level.