Deloitte Honors MatchMove as the Fastest-Growing Tech Company in Southeast Asia

Deloitte Honors MatchMove as the Fastest-Growing Tech Company in Southeast Asia

Homegrown MatchMove is Singapore’s Fastest Growing Technology Company in the Asia Pacific rankings, with 902% revenue growth SINGAPORE, 27 December 2013 — Deloitte Singapore today announced that MatchMove Global Pte Ltd (“MatchMove”) ranked 25th out of the 500 fastest-growing technology companies in the 2013 Deloitte Technology Fast 500 Asia Pacific ranking. Now in its twelfth successful year, the Technology Fast 500 Asia Pacific programme ranks the 500 fastest- growing technology firms in the region. MatchMove is a digital entertainment and social enterprise solution provider that helps online businesses increase revenue, user engagement and loyalty through the strategic use of gamification, social networking and mobile commerce platforms. The company also developed its proprietary and patent-pending AppKungFu™ technologies, enabling standard web sites to be converted – sometimes in just a few hours – to a full Web 2.0 and mobile experience using a wide range of application programming interfaces and ready-made widgets for social, games and e-commerce transactions. Over the three-year period, MatchMove grew its revenue by 902 percent. “Singapore is generating an increasing number of fast-growing, successful technology companies especially in the Interactive Digital Media (IDM) space. In a recent Deloitte study, we have seen Singapore rapidly establishing itself as the regional hub for IDM that is well- poised to capitalise on the upward growth of the technology sector in the region’s markets,” said John Goeres, Deloitte Southeast Asia’s Technology, Media and Telecommunications Industry Leader. Headquartered in Singapore with offices across Asia and the United States, MatchMove has a combined base of more than 250 million users today. Increasingly, its major customers are also using the MatchMove platform to replace internal emails with the AppKungFu™ powered social networking, business process gamification and enterprise widgets to increase productivity across their enterprises. Mr Shailesh Naik, CEO of MatchMove, said, “At MatchMove, we aim to enable businesses to achieve their strategic outcomes through the use of technology platforms that are secure, flexible, customisable and on-demand. As the exclusive digital entertainment and social enterprise solution provider for many global brands and telecom, media and entertainment companies, we understand that time is often of the essence. That is why our cloud-based MatchMove solution enables clients to rapidly develop and deploy their own branded games and apps store with full-featured social networking, monetisation and e-commerce options: what would normally take them 2 years is often done in less than 2 weeks.” Asia Pacific Trends Developed markets have made a big comeback in the ranking this year, with Australia contributing 66 companies to the top 500, its third year of consecutive growth. And Japan, joint fifth with New Zealand at 40 companies in the top 500, was the only primarily national market to feature twice in the top five, with Internet companies Locondo and Donuts. China and India also are challenging Taiwan’s traditional lead as the reservoir of Asia Pacific‘s fastest-growing TMT companies, coming first and third this year in terms of the number of companies each has contributed to the top 500 – 128 and 78 companies respectively – while Taiwan slips into second place with 108. A total of three Singapore companies made it to the ranking, all of them emerging within the top 100 of the list. MatchMove at no. 25 is followed by JamiQ Private Ltd at no. 29 and 2C2P Pte Ltd at no. 100.
 

Singapore companies in the Technology Fast 500 Ranking

No. Company name Sector 3-Year Revenue Growth %
25 MatchMove Global Pte Ltd Internet 902.09
29 JamiQ Private Ltd Software 869.61
100 2C2P Pte Ltd Internet 331.78
 
 

Asia Pacific Top 10 Ranking

No.Company nameLocationSector3-Year Revenue Growth %
1
China Communications Media Group Co Ltd
Taiwan
Software
26584.60
2
Ardom Telecom Pvt Ltd
India
Telecommunications/ Networking
12023.18
3
Locondo Inc
Japan
Internet
6642.78
4
Donuts Co Ltd
Japan
Internet
3862.61
5
Plan B Logistics
Australia
Internet
3831.89
6
Vizury Interactive Solutions Pvt Ltd
India
Internet
2760.51
7
BlueChilli Technology
Australia
Internet
2702.15
8
AltPlus Inc
Japan
Software
2328.38
9
FocalTech Corp Ltd
Taiwan
Semiconductor, Components and Electronics
2087.56
10
Sokrati Technologies Pvt Ltd
India
Internet
2005.60
The full listing of winners of the Technology Fast 500 Asia Pacific programme for 2012, nomination details and eligibility criteria can be found at www.deloitte.com/fast500asiapac.
About Deloitte Southeast Asia Deloitte Southeast Asia Ltd—a member firm of Deloitte Touche Tohmatsu Limited comprising Deloitte practices operating in Brunei, Guam, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam—was established to deliver measurable value to the particular demands of increasingly intra-regional and fast growing companies and enterprises. Comprising over 250 partners and 6,000 professionals in 23 office locations, the subsidiaries and affiliates of Deloitte Southeast Asia Ltd combine their technical expertise and deep industry knowledge to deliver consistent high quality services to companies in the region. All services are provided through the individual country practices, their subsidiaries and affiliates which are separate and independent legal entities. © 2013 Deloitte & Touche LLP