LONDON, May 21st, 2020 – Drootoo had been awarded as FT’s Asia’s High Growth Companies 2020. The company was able to secure a rank of 57 out of 500 companies across the Asia Pacific region.
According to Financial Times ” The FT’s ranking of 500 high-growth companies from the Apac region comes at an inauspicious time for businesses. While the data in the table below does not take into account the unfolding coronavirus crisis, it could help readers to identify those with the buffers to survive the fallout. Indeed, the most nimble and creative will approach the crisis as a catalyst for innovation and in the medium term could strengthen their positions in their respective markets. The FT list was compiled with Statista, a research company, and ranks entrants from across the Asia-Pacific by compound annual growth rate (CAGR) in revenue between 2015 and 2018.”
More information can be found here.
The sector with the biggest presence on the ranking is technology, with about a quarter of all the companies listed falling into this category. This is followed by industrial goods (7 per cent) and health (5 per cent).