New tech industry study shows Russia is home to 4 ‘unicorns’

Source: Roem.ru

The company GP Bullhound has published a new study identifying all the billion-dollar tech startups—the “unicorns”—headquartered in Europe. The report is based on publicly available information, and the results are divided into two categories: 13 newcomers and 40 veterans.

Which country is the unicorn champ?

Photo: GP Bullhound

The United Kingdom has produced most of Europe’s newest “unicorns,” while Russia is home to four of the older billion-dollar tech companies: QIWI (an online payment services provider), Ulmart (an Internet-based retailer for electronics), VKontakte (Russia’s most popular social network), and Yandex (a search engine and provider of many other services).

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New tech industry study shows Russia is home to 4 ‘unicorns’

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