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January 25, 2022 -Tuesday

 
  INVOLVE ASIA RANKED NUMBER 414TH FASTEST GROWING TECHNOLOGY COMPANY ON THE DELOITTE TECHNOLOGY FAST 500™ ASIA PACIFIC 2020

Friday 16/04/2021



Attributes its 109% Percent Revenue Growth to a rapidly growing network of publishers and increasing confidence of advertisers on its platform.
 

KUALA LUMPUR, Malaysia, April 16 (Bernama) -- Involve Asia recently announced that it ranked Number 414 on the Deloitte Technology Fast 500™ Asia Pacific 2020, a ranking of the 500 fastest growing technology companies in Asia Pacific. Involve Asia is one of only two Malaysian companies that made the rankings. A total of eight South East Asian companies are included in the rankings. Rankings are based on percentage revenue growth over three years. Involve Asia grew 109% percent during this period.

Involve Asia’s CEO, Jimmy How, credits the rapid transition to online shopping from the COVID-19 pandemic and very rapid adoption of its platform by individuals and companies looking to generate revenue through Involve Asia’s digital platform with the company’s 109% revenue growth over the past three years. He said, "We are happy to have helped many individuals and businesses connect to advertisers to find new ways to generate revenues online using our class leading platform. The pandemic has caused a more rapid shift towards internet-based transactions and we expect to see continued rapid growth ahead of us as we enter new markets in the region"

“109% over three years is evidence of true commitment and dedication,” said Mike Horne Asia Pacific Deloitte Private Leader. “Involve Asia’s extraordinary growth marks them as one of the region’s true technology leaders.”

Overall, companies that ranked on the Deloitte Technology Fast 500™ Asia Pacific 2020 program had an average growth rate of 551 percent.

Deloitte Technology Fast 500™ Asia Pacific selection and qualifications

The Technology Fast 500™ list is compiled from the Deloitte Asia Pacific Technology Fast 50 programs, nominations submitted directly to the Technology Fast 500™, and public company database research. To qualify for the Technology Fast 500™, entrants must have had base-year operating revenues of at least US$ 50,000. Entrants must also be public or private companies headquartered in Asia Pacific and must be a “technology company,” defined as a company that develops or owns proprietary technology that contributes to a significant portion of the company's operating revenues; or manufactures a technology- related product; or devotes a high percentage of effort to the research and development of technology. Using other companies' technology in a unique way does not qualify.

About Involve Asia

Involve Asia is a Malaysian tech company based in Malaysia and has a presence in Indonesia and Thailand. Involve Asia helps Advertisers and Publishers make money through Affiliate Marketing. Founded in 2014, the company has generated accumulated gross sales of over $1.2B for its advertising clients, generating over 23 million sales annually through its network of websites, content creators, and influencers. Involve Asia is backed by venture capital funds such as Cradle Seed Ventures, 500 startups, OSK Technology Ventures, Accord Ventures, CAC Capital, and other investors.

For enquiries about Involve Asia please contact Rossnan Cheong (rossnan.cheong@involve.asia)

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms and their affiliated entities are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.

Deloitte Asia Pacific Limited is a company limited by guarantee and a member firm of DTTL. Members of Deloitte Asia Pacific Limited and their related entities, each of which are separate and independent legal entities, provide services from more than 100 cities across the region, including Auckland, Bangkok, Beijing, Hanoi, Hong Kong, Jakarta, Kuala Lumpur, Manila, Melbourne, Osaka, Shanghai, Singapore, Sydney, Taipei and Tokyo.

Deloitte Private is the brand under which firms in the Deloitte network provide services to privately owned entities and high-net-worth individuals.

© 2020. For information, contact Deloitte Touche Tohmatsu Limited.

SOURCE: Cradle Fund Sdn Bhd

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Ashraff Taharém
Corporate Communications
Tel: 019-2789760 / 03-4045 8600 (ext. 119)

--BERNAMA

 
 
 

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