Home featured Featured News Featured Asia Pacific’s top 1000 high-growth companies named; five Aussie startups crack the top ten James Harkness February 20, 2018 A new list ranking a thousand high-growth companies from across the Asia-Pacific Region features five Australian startups inside the top ten. The inaugural Financial Times (FT) 1000 High-Growth Companies Asia-Pacific list was compiled by market research company Statista, which ranked companies by their annual growth in revenues between 2013 and 2016. To make it onto the list, companies had to have a minimum average growth rate of 10.1% and sit inside one of the following markets – Australia, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea or Taiwan. Tokyo was the top ranked city, with 134 companies on the list, followed by Mumbai (60) and Sydney (52). Meanwhile, technology was the most represented sector followed by industrial goods and healthcare. Online small business loan provider Prospa achieved 16,066% in revenue growth between 2013-16, making it not only the highest ranked Australian company on the list but also the highest ranked company overall. “Prospa has experienced very rapid growth over the past six years, and even more so in the last twelve months,” Prospa’s co-CEO Beau Bertoli told Dynamic Business . “This has been possible thanks to the use and development of our proprietary technology, our depth of data and knowledge of Australia’s small business market, and the demand from small businesses who have been ignored by traditional banks for so long.”
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