FT ranking: High-growth companies Asia-Pacific 2026

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.

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For the fourth year running, IT & software companies made up the largest share of the list, at 21.4 per cent, followed by fintech, financial services and insurance with 9.6 per cent, and healthcare & life sciences at 5.6 per cent.

Chinese companies are included for the first time this year.

Register for the 2027 ranking

The FT/Statista list of Asia-Pacific’s high-growth companies is published every April. Find out about next year’s list and pre-register for potential inclusion.

The ranking is not comprehensive because many fast-growing companies are privately held and do not make public any detailed financial information, while others do not wish to disclose their revenue figures, or choose not to take part for various reasons. Of those that did share — and certify — their revenues, the 500 fastest-growing are listed in the table.

A more detailed methodology can be found below the table.

A Special Report to accompany the High-Growth Companies Asia-Pacific 2026 ranking will be published in print and online on April 10, highlighting some of the fastest-growing sectors in the region.

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Methodology

High-Growth Companies Asia-Pacific 2026 is a list of the 500 companies in the Asia-Pacific region that achieved the highest percentage growth in revenues between 2021 and 2024.

Application phase

The project was advertised online and in print, allowing all eligible companies to register via the websites created by Statista and the FT. In addition, through research in company databases and other public sources, Statista identified tens of thousands of companies in Asia-Pacific as potential candidates for the ranking. These companies were invited to participate by post and email.

The application phase ran from July to December 2025. The submitted revenue figures had to be certified by the chief financial officer, chief executive or a member of the executive committee of the company.

Criteria for inclusion in the list

To be included in the list, a company had to meet the following criteria:

• Revenue of at least $100,000 generated in 2021

• Revenue of at least $1mn generated in 2024

• The company is independent (the company is not a subsidiary or branch office of any kind)

• The company has headquarters in one of 14 territories in the Asia-Pacific region: Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand or Vietnam.

• The revenue growth between 2021 and 2024 was primarily organic (ie “internally” stimulated)

Research phase

Following the application phase, Statista examined the officially stated revenue data of public companies in the Asia-Pacific region. In the next step certain high-profile companies that met the criteria were added to the list.

Calculation of growth rates

The calculation of company growth rates is based on the revenue figures submitted by the companies in the respective national currency. For better comparability, in the ranking the revenue figures were converted into US dollars. The annual average exchange rate for 2021 and 2024 provided by the World Bank for each currency pair were used for this.

The compound annual growth rate was calculated as follows:

Evaluation and quality assurance

All data reported by the companies was processed and checked by Statista. Missing data entries (employee numbers, addresses, etc) were researched in detail. Companies that did not fulfil the criteria for inclusion in the ranking were deleted. The minimum average growth rate required to be included in the ranking this year was 8.4 per cent.

Disclaimer

The High-Growth Companies Asia-Pacific 2026 ranking was created through a complex procedure. Although the search was extensive, the ranking does not claim to be complete, as some companies did not want to make their figures public or did not participate for other reasons.