This phrase refers to startups which have attained valuations of $1B or greater as private corporations. When considered a exceptional and magical feat, a $1B+ valuation deserved a legendary Affiliation. In late 2018, the bank’s valuation passed Rmb147 billion ($21 billion), which makes it among the world’s greatest unicorns; https://remingtonwzaza.thelateblog.com/22148047/everything-about-financial-unicorn