Willis Wee · · 3 min readDeloitte’s Technology Fast 500 APAC List: China Dominates, Singapore Booms
Deloitte’s Technology Fast 500 APAC List is out today and China dominates again with three out of the top five companies belonging to the middle kingdom. Other countries which are within the top ten include South Korea, Taiwan, New Zealand, and Japan.
Yihaodian, one of the upcoming e-commerce giants in China, which received investment from Walmart earlier this year, has seen a whopping 19,218 percent hike in its 3-year revenue growth.
That kind of revenue growth looks crazy but we know the Yihaodian isn’t afraid to test things out. For example, it worked with Jiepang to create a QR-powered shopping experience at 24 subway stops in three cities – Shanghai, Beijing, and Guangzhou – which I thought is pretty innovative for an e-commerce site.
At third and fourth place are Mbaobao (yet another specialist e-commerce site; this one’s for handbags) and Tendyron Corp respectively, representing China. Below is the full list of top 10 companies ranked according to their “three-year revenue growth:”
| # | Company | Location | Sector | 3-Year Revenue Growth % |
|---|---|---|---|---|
| 1 | Yihaodian (The Store Corporation) | China | Internet | 19, 218 |
| 2 | Silicon Mitus Inc. | South Korea | Semiconductor, Components, Electronics | 9336 |
| 3 | Tendyron Corp. | China | Software | 9150 |
| 4 | Jiangxing Mbaobao Network Technology Co. Ltd | China | Internet | 6288 |
| 5 | Giga Solar Materials Corp. | Taiwan | Semiconductor, Components, Electronics | 5560 |
| 6 | Powershop NZ Ltd. | New Zealand | Internet | 5280 |
| 7 | Two Degrees Mobile Ltd. | New Zealand | Telecommunications/Networking | 3762 |
| 8 | Brightek Optoelectronic Co. Ltd | Taiwan | Semiconductor, Components, Electronics | 3755 |
| 9 | 3-D Matrix Ltd. | Japan | Biotechnology/Pharmaceutical, Medical Equipment | 3583 |
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