This is the eighth High-Growth Asia-Pacific Companies annual ranking from the FT and Statista, which lists the top 500 companies based on data shared by public and private businesses for revenue growth between 2021 and 2024.
The highest-ranked company is Malaysian ecommerce technology platform Borong, which moves up from second place last year. Its revenue rose to $99.7mn, representing a compound annual growth rate of 295 per cent.
The second and third-placed companies are both from South Korea: tax software company Bznav and another ecommerce technology platform, InPock.
The minimum compound annual growth rate to enter the ranking this year was 8.4 per cent, slightly above last year’s 8.1 per cent.
Singapore and India have the most companies in the ranking this year with 101 each. Japan follows with 82, and South Korea 79.
