On Monday, July 18, KPMG & HSBC published their joint report entitled ‘Emerging Giants in Asia Pacific,’ which took a look into a comprehensive analysis of new economy businesses (such as fintech, biotech, software as a service (SAAS), etc.,) across the region, which they consider are making a lasting impact on the global business landscape now and over the next decade.
KPMG and HSBC’s joint report ranked Catheon Gaming as one of the top 10 emerging giants in Asia Pacific, the No. 1 emerging giant in the blockchain sector in the region, and the No. 1 emerging giant in Hong Kong.
William Wu, Founder & Co-CEO of Catheon Gaming, talked about the development and said: “We are honoured to be selected by KPMG & HSBC as one of the 10 leading Emerging Giants in Asia Pacific. We are humbled that our efforts are being recognized, and we are proud to contribute to the growth of the region, which has given rise to some of the world’s most innovative and forward-thinking companies in the gaming and blockchain space. We have a firm belief that gaming will be the key driver in accelerating blockchain mass adoption, and we will continue our relentless drive to achieve this vision”.
The result came after KPMG & HSBC studied 6,472 technology-focused startups with valuations up to US$500 million in 12 key markets (Mainland China, India, Japan, Australia, Singapore, South Korea, Hong Kong (SAR), Malaysia, Indonesia, Vietnam, Taiwan, and Thailand) in Asia to identify the top 100 firms most likely to emerge as potential unicorns.
Consideration for these lists was based on estimated valuations and venture capital obtained as well as KPMG and HSBS analysis on the future growth potential of such firms.
From this larger pool of companies, the report identified the leading 10 emerging giant companies for each of these 12 markets as well as the overall leading 100 emerging giants in Asia pacific. And out of that, Catheon Gaming was ranked as No.8 out of 100 emerging giants in the APAC region.
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