Singapore's 10 Fastest Growing Companies in 2022 – Find Out Who Got The Top Spot
Despite being the smallest territory in Southeast Asia, Singapore is regarded as one of the top financial centres in the world and a financial hub in the larger Asia-Pacific region.
Often considered as one of the hotspots for businesses, Singapore is home to giant companies in banking and finance, global trade, real estate, biotechnology, energy, and telecommunications. Thanks to the continuous support and innovative spirit from its government and citizens, Singapore has been serving as Asia’s leading edge in technology.
In line with this, the Straits Times and Statista presented “Singapore's Fastest Growing Companies" for the fourth time last January 2022. Companies with the most innovative and fastest revenue growth between 2017 and 2020 were included on the list. The ranking category also included the number of jobs generated and demonstrated sustainable competitiveness.
According to Statista, participating companies may seize more business opportunities as the exclusive list will showcase the company’s performance level, improving their employer branding and reputation.
A report published last Jan. 18 showed that workforce management tech company Workmate ranked first among 10 other firms, with an 8,750.5% absolute growth rate and a total of S$16,472,391 revenue in 2020.
Workmate is a company that provides an efficient end-to-end workforce management process from recruitment, onboarding, scheduling, time and attendance tracking, and performance analytics across Southeast Asian workers.
Taking the second spot is digital solution provider SCI Ecommerce with a 7,295.1% absolute growth rate and S$149,667,650 revenue in the past two years. Some of its tech services are digital marketing, content creation and design, customer service, data analytics, financial settlement, and more.
Southeast Asia’s largest container haulage platform Haulio is in third place of Singapore’s fastest growing companies in 2022. It’s followed by Glints (recruitment company) in fourth place and Carro (automotive and mobility solutions company) in fifth.
Below is the complete list of the fastest growing companies in Singapore for this year:
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