Queenstown-based online discount booking company Bookme
has been named the highest ranked New Zealand company in the
annual Deloitte technology Fast 500 Asia Pacific index.
The index, which was announced in Hong Kong last night, ranks
the top 500 tech businesses ac-cording to their revenue
growth over the past three years.
Bookme, a booking engine for tourism activities and
attractions, was ranked 18th, with growth of 1359.4%.
The company, which was founded in 2010 by James Alder and
Nick Reekie, was previously named rising star regional winner
for Otago-lower South Island in the Deloitte Fast 50.
There were 40 New Zealand businesses that made the list, with
16 in the top 100 which was up from seven last year. Only
China had more companies in the top 100 with 29.
The top-ranked business on the index was Taiwanese
communications software business China Communications Media
Group, with 26,585% growth, more than double its closest
The fact New Zealand businesses made up more than 15% of all
companies in the top 100 was clear evidence that they had
moved into the ''upper echelon'' of fast-growing technology
firms in the highly competitive Asia-Pacific region, Deloitte
Private partner Stephen Nicholas said.
''These results clearly show that despite the relatively
small New Zealand market, hard-working innovative Kiwi firms
have been able to outperform companies from many larger
countries,'' Mr Nicholas said.
It was further proof that the disruptive forces of mobile and
cloud technologies had ''levelled the playing field'' helping
Kiwi businesses achieve global scale and overcome market and
geographical boundaries, he said.
There were six Christchurch-based businesses on the index,
while the remainder were North Island-based businesses.
The largest number were from China with 128, followed by
Taiwan (108), India (78), Australia (66), New Zealand and
Japan (40), South Korea (36), Singapore (3) and Malaysia (1).
Revenue growth across Fast 500 ranked firms was on average
356% this year, driven by strong internet and software sector