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Chinese Companies Rise
By Joel Stonington
It should come as no surprise that China, the country that built the world's fastest supercomputer, can lay claim to another international digital speed record: home to the world's fastest-growing technology company—Tencent Holdings. Actually, China is home to two of the three hottest growth companies on Bloomberg Businessweek's 2010 list of Tech's Hot Growth Companies. Tencent (No. 1) and Baidu (No. 3) bracket the ever popular Apple, which ranks No. 2 on our list.
How did we come up with our ranking? Companies must have 500 or more employees, at least $500 million in sales, and a market value over $100 million, among other metrics. The 424 companies that made the first cut (from a database of 479,000 companies) were weighted on several scores including sales growth, return on invested capital, and the change in number of employees. Click through the slides that follow to see the top 25 companies. Our interactive table has the complete list of 50 companies and a more detailed explanation of our methodology.
Source: Bloomberg
How did we come up with our ranking? Companies must have 500 or more employees, at least $500 million in sales, and a market value over $100 million, among other metrics. The 424 companies that made the first cut (from a database of 479,000 companies) were weighted on several scores including sales growth, return on invested capital, and the change in number of employees. Click through the slides that follow to see the top 25 companies. Our interactive table has the complete list of 50 companies and a more detailed explanation of our methodology.
Source: Bloomberg
