2011 Technology Fast 500 Asia Pacific Winners and Results

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

The store Corporation

China

Internet

19217.975

2

Silicon Mitus Inc.

South Korea

Semiconductor,

Components

and Electronics

9335.656

3

Tendyron Corporation

China

Software

9150.048

4

Jiaxing Mbaobao Network

Technology Co Ltd.

China

Internet

6287.870

5

Giga Solar Materials

Taiwan

Semiconductor,

components

& Electronics

5560.335

6

Powershop NZ Ltd.

New Zealand

Internet

5280.410

7

Two Degrees Mobile Ltd.

New Zealand

Telecomms/

Networking

3761.766

8

Brightek Optoelectronic Co Ltd. 

Taiwan

Semiconductor,

Components

and Electronics

3754.886

9

3-D Matrix Ltd.

Japan

Biotechnology/

Pharmaceutical

/Medical Equipment

3582.951

10

Shinsung Solar Energy Corp.

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

 

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