AlSquare Selected as '2022 Asia-Pacific High-Growth Company' by FT?Statista

Commercial real estate data company RSquare has been selected as one of the '2022 High-Growth Companies in the Asia-Pacific Region' by the global economic newspaper Financial Times (FT) and the global market research firm Statista.

[Asia Economy Reporter Kim Min-young] Commercial real estate data company RSquare announced on the 18th that it has been selected as one of the '2022 High-Growth Companies in the Asia-Pacific Region' by the global economic newspaper Financial Times (FT) and the global market research firm Statista.

FT has announced the 500 fastest-growing companies in the Asia-Pacific region from 2017 to 2020. Out of more than 15,000 companies, FT selected only 500 companies.

RSquare recorded a 290% revenue growth from 2017 to 2020. The annual revenue growth rate reached 57.4%. Considering that last year's revenue exceeded 100 billion KRW, the revenue growth rate is even higher. RSquare's revenue in 2020 was 65 billion KRW (54.64 million USD).

Steep growth is expected this year as well. RSquare is expanding into global markets such as Vietnam and Singapore and achieving results. It is participating in Daewoo E&C's Hanoi New Town development project, 'Star Lake City,' in Vietnam. In addition to office leasing and interior remodeling, new businesses such as logistics center and retail leasing services, purchase and sale consulting, and data analytics are also progressing smoothly.

The survey jointly conducted by FT and Statista targeted companies with revenue of over 100,000 USD in 2017 and over 1 million USD in 2020.

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