Out of the 40 New Zealand businesses featured in the annual Deloitte technology Fast 500 Asia Pacific index, Queenstown-based online discount booking company Bookme was ranked highest at 18th.

Photo credit; Elliott Brown on Flickr

The index, announced in Hong Kong Dec. 5, ranks the top 500 tech businesses according to their revenue growth over the past three years.

Bookme, a booking engine for tourism activities and attractions, had a growth of 1359.4%.

The company, which was founded in 2010 by James Alder and Nick Reekie, was previously named rising star regional winner for Otago-lower South Island in the Deloitte Fast 50.

Sixteen of the 40 Kiwi businesses on the list were in the top 100, which was up from seven last year. Only China had more companies in the top 100 with 29.

Deloitte Private partner Stephen Nicholas said it was clear that New Zealand businesses, which made up more than 15% of all companies in the top 100, had moved into the ”upper echelon” of fast-growing technology firms in the highly competitive Asia-Pacific region.

”These results clearly show that despite the relatively small New Zealand market, hard-working innovative Kiwi firms have been able to outperform companies from many larger countries,” Nicholas said.

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