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Business trends

China's tops list of Asia's fastest growing tech companies

Deloitte's annual ranking highlights dynamism of Indian startups

Chinese online real estate brokerage, whose website is shown here in a screenshot, saw its revenue grow 32,179% in two years.

TOKYO -- Chinese companies dominated the rankings of the fastest growing technology companies in the Asia-Pacific region, taking seven of the top 10 spots in 2018, according to a survey by management consultancy Deloitte. India was close behind.

Deloitte's annual "Technology Fast 500 Asia Pacific Ranking" rates publicly traded and privately held tech companies headquartered in the region by fiscal year revenue growth from 2015 to 2017, or 2016 to 2018 for a financial year ending between January and June. Chinese companies are increasingly dominant, accounting for nearly 30% of the 500 companies on the list, up from 23% in 2017.

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