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Business / 2016 Top 10

Top 10 most valuable startups in the world

(chinadaily.com.cn) Updated: 2016-02-02 07:26

No 3 Airbnb ($25.5 billion)

Airbnb raised $1.5 billion from investors in June 2015, giving it a valuation of $25.5 billion – larger than the market caps of hotel giants Marriott and Hilton. The San Francisco-based company, founded in 2008, connects travelers looking for accommodation with people who have a spare room or property to rent.

Top 10 most valuable startups in the world

Brian Chesky, Chief Executive Officer of Airbnb, smiles during a session at the annual meeting of the World Economic Forum in Davos, Switzerland, January 23, 2014. [Photo/Agencies]

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