Startups are the initial step to set up a business. Whatever business you might be indulged in, the initial stage was the startup that kicked things off for the company. There are a lot of industries in the world that have great potential to jump-start a business from scratch. High-value industries often pay off a good revenue for people who have knowledge about it.
The current leading, the most valuable startup in the world is a Chinese company, Bytedance. This is the parent company behind the social media platform that has everyone dancing at its fingertips, TikTok. As you might have already known that TikTok is one of the most popular social media/video sharing apps in the world. More people have joined the thing and it is also a place to market or brand a product through sponsorships.
With so much traction towards the platform, it was bound to be a success. However, Bytedance is not known for this social media site, but it is $140 billion company that uses machine learning to tailor newsfeeds according to individual needs. The technological world of AI and machine learning has a lot of scope in the world.
There are a lot of other startups with the most valuation in the world which is visualized in the infographic mentioned below.
Infographic by: statista