Article
2011 Winner and Results
Technology Fast 500 Asia Pacific
Winner
This year’s fastest growing company is The store Corporation (Yihaodian) from China. The Store Corporation is a fast-growing eCommerce company in China that provides customers with a one-stop shopping platform where customers can buy all their essential daily items at competitive prices. Since its launch, Yihaodian has achieved a significant position in online grocery sales. The company was founded in 2005, and has grown an incredible 19,218 percent over the last three years
Top ten ranked companies at a glance
This year the growth of the Top ten companies was higher than 2010, ( 6,949 percent, compared to 6,300 percent in 2010). China and Taiwan contribute a total of five companies to the top ten, a drop from four in 2010, two of which, including the overall winner are internet companies. New Zealand and South Korea contribute two companies each to the top ten and one Japan Biotech company makes the top ten. As in the three previous years, Internet and Semiconductor, Components and Electronics industry sectors dominate the top ten list.
# |
Company Name |
Location |
Industry Sector |
%3yr growth |
1 |
China |
Internet |
19217.975 |
|
2 |
South Korea |
Semiconductor, Components and Electronics |
9335.656 |
|
3 |
China |
Software |
9150.048 |
|
4 |
China |
Internet |
6287.870 |
|
5 |
Taiwan |
Semiconductor, components & Electronics |
5560.335 |
|
6 |
New Zealand |
Internet |
5280.410 |
|
7 |
New Zealand |
Telecomms/ Networking |
3761.766 |
|
8 |
Taiwan |
Semiconductor, Components and Electronics |
3754.886 |
|
9 |
Japan |
Biotechnology/ Pharmaceutical /Medical Equipment |
3582.951 |
|
10 |
South Korea |
Green Technology |
3560.124 |
Key ranking statistics & trends
Growth of the top ten companies this year was higher than 2010, with a combined three-year revenue growth of 6,949 percent, compared to 6,300 percent in 2010. And overall, across the entire 500 high-growth companies, the year still showed almost 476 percent, a considerable increase en masse on 2010’s 374 percent and 2009’s 361 percent.
| Ranked companies by revenue growth | Three year % growth |
| Top 5 | 9910 |
| Top 10 | 6,949 |
| Top 50 | 2,657 |
| Top 100 | 1,640 |
| Top 500 | 476 |