A sta­ble for uni­corns

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THE UK IS punch­ing its weight when it comes to build­ing ‘uni­corns’, namely fast grow­ing busi­nesses val­ued in ex­cess of $1bn-plus. Tech­nol­ogy ad­vi­sory GP Bull­hound says the UK boasts 22 of the 57 such com­pa­nies in Europe, sig­nif­i­cantly out­pac­ing en­tre­pre­neur­ial hubs Ger­many (7), Sweden (7) and Is­rael (5).

UK listed uni­corns in­clude ASOS (ASC:AIM), Boohoo (BOO:AIM), Just Eat (JE.), Pur­ple­bricks (PURP:AIM), Right­move (RMV) and Zoopla – now called

ZPG (ZPG). Other pop­u­lar UK names not listed on a stock mar­ket in­clude De­liv­eroo, Fund­ing Cir­cle, Shazam, Skyscan­ner and Wonga.

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