Jakarta, 14 April 2021 – Tokopedia today announced that it is ranked number 94 on the Deloitte Technology Fast 500™ Asia Pacific 2020, a ranking of the 500 fastest growing technology companies in Asia Pacific, bringing Indonesia into the list for the very first time in recent years. Tokopedia is also the only Indonesian company to be ranked in this year’s list.
Rankings are based on percentage revenue growth over three years. Tokopedia grew 608% percent during this period. Overall, companies that ranked on the Deloitte Technology Fast 500™ Asia Pacific 2020 program had an average growth rate of 551 percent.
Melissa Siska Juminto, COO of Tokopedia credits the implementation of 3 DNAs of Tokopedia – Focus on Consumer, Growth Mindset, Make it Happen & Make it Better – with the company’s 608% revenue growth over the past three years.
“Appearing as the first Indonesian company on the Deloitte Technology Fast 500™ Asia Pasific 2020 is truly an honor. Moving forward, we will continue to be the technology company that allows Indonesians to start and discover anything, aligned with our company’s mission to democratize commerce through technology,” Melissa added.
Tokopedia recently reported a growth of sellers in its platform from 7.2 million before the pandemic in January 2020 to more than 10 million sellers today. In addition, Tokopedia has also seen a growth in the number of monthly active users, from more than 90 million before the pandemic in January 2020 to more than 100 million today.
“Being ranked on the Deloitte Technology Fast 500™ is an impressive achievement, especially because today’s technology companies are thriving in extraordinarily competitive and changeable environments. We applaud Tokopedia for being the top ranked Indonesian company on the index,” said Mike Horne, Asia Pacific Deloitte Private Leader.
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.
Tokopedia, as an Indonesian technology company, has a mission to democratize commerce through technology. Tokopedia’s vision is to build a Super Ecosystem where anyone can start and discover anything. To this day, Tokopedia has empowered millions of merchants and users across the marketplace and digital goods, financial technology and payment, logistics and fulfillment, including Mitra Tokopedia.
PR Team Tokopedia | firstname.lastname@example.org
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.