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Taiwanese startups Kdan Mobile, Kabob, and SurveyCake have been listed among the top 500 high-growth companies in Asia-Pacific, according to the Financial Times annual ranking for 2023. Fifteen Taiwanese companies in total are on the list, recognized as the fastest-growing independent and privately-owned companies in the region. Here’s how they made it.
Three startups in Taiwan, Kdan Mobile, Kabob, and SurveyCake, are making their debut on the Financial Times ranking of high-growth companies. Kdan Mobile, a software company that provides e-signature service, and Kabob, an all-in-one retail management solution provider, took off with their cross-border collaborations, while, online survey tool SurveyCake grow substantially by hitting the product-market fit with distinguished features.
The ranking published by the Financial Times annually recognizes the top 500 companies in the Asia-Pacific with the fastest revenue growth rates. To be considered for the list, companies must have had a minimum revenue of $100,000 in 2018 and a minimum revenue of $1 million in 2020, with additional factors such as employee growth and industry-specific criteria taken into consideration.
“Our innovative solutions, global teams, and international collaborations all contribute to our fast growth,” shared Kenny Su, founder of Kdan Mobile. The popular e-signature service of Kdan Mobile, DottedSign, targets businesses for their signing needs online. Their solution also includes a portfolio of different productivity and creativity-related tools.
To develop the global market, Kdan Mobile has collaborated with Korea's leading software company Hancom, Korean enterprise collaboration tool JANDI, and Japan’s top social media app Line. Moreover, the company is headquartered in Taiwan, with operations in China, the U.S., Japan, and South Korea. For the next step, Kdan Mobile will continue expanding its global business, and meanwhile developing its tools with AI technology.
In 2021, Kdan Mobile completed its B-round funding with a total of US$16 million, fueling its growth further. In addition, Kdan Mobile was selected as one of the nine significant startups in Taiwan’s National Development Council's NEXT BIG Program for 2021.
https://www.startupislandtaiwan.info/our-ecosystem/next-big
Since 2009, Kdan Mobile has been devoted to developing productivity and multimedia content creation tools. The global SaaS provider has its work supported by over 200 million downloads, and over 12 million users worldwide.
“Rapid growth in recent years can be attributed, in large part, to our company's proactive approach to expanding its global market,” according to Steve Tsai, founder of Kabob. Placing employees in Taiwan, Japan, Singapore, and China, Kabob sold one of its major products Lookr digital signage to over 500 clients over the world, including major brands such as McDonald's, Louis Vuitton, and Gogoro.
The company also actively expands its services to simplify the intricate management process for chain stores. Its platform leverages AI to streamline in-store operations for restaurants, e-commerce, and retail stores.
The platform offers a wide range of integrated management applications, nearly 20 in number, which enable retailers to optimize their business processes. The applications include cloud-based digital signage, ordering, reservations, background music, and AI-based content creation tools that provide users with advanced recognition capabilities. With its comprehensive suite of solutions, Kabob empowers retailers to deliver an exceptional in-store experience for their customers and drive business growth.
In line with its fast-paced growth trajectory, Kabob is now setting its sights on expanding its operations into the U.S. and Canadian markets.
“We make products that are reliable 24x7, and we remain flexible at the same time,” said Alex Liu, co-founder of SurveyCake. Being No.1 survey tool in Taiwan and ready to thrive globally, SurveyCake keeps innovating their service and now upgrade it to an enterprise-level SaaS solution that takes online surveys to a new level.
The startup pivoted towards serving enterprise customers and offering more comprehensive services such as integrating with a company's ERP system and providing higher levels of data security. This pivot proved successful, and SurveyCake was able to secure large enterprise clients such as Cathay United Bank and KPMG. Its intuitive interface and real-time analytics enable users to make data-driven decisions and improve their products, services, and customer satisfaction.
SurveyCake has been awarded the AWS Partner of the Year Award for the second consecutive year in 2022. Founded in 2012, SurveyCake helps over 500 businesses collect valuable feedback and insights from their target audience. With a wide range of customizable templates and advanced features, SurveyCake has more than one million users across 180 countries to create, distribute, and analyze surveys so far.
The FT's fast growth list for 2023 comprises companies from a diverse range of industries, such as technology, healthcare, manufacturing, and retail. Among the recognized businesses are three Taiwanese startups that have achieved impressive growth. Kdan Mobile's DottedSign has emerged as a leading e-signature tool due to its innovative solutions, global teams, and international collaborations. Kabob helps manage store screens for over 500 top chain stores worldwide, while SurveyCake's focus on reliability and flexibility has helped them become the top survey tool for businesses in Taiwan. These startups' success reflects their proactive approach to global expansion and commitment to continuous innovation.
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