Borong, formerly known as Dropee, has been named the second fastest-growing company in the Asia-Pacific by the Financial Times High-Growth Companies Asia-Pacific 2025 list. Compiled with Statista, this prestigious ranking highlights firms with the highest compound annual growth rate (CAGR) in revenue between 2019 and 2023.
Malaysia’s Top Performer on the List
As the highest-ranked Malaysian company, Borong is one of just seven Malaysian firms featured in the top 500. The list spans 13 economies—including Japan, India, South Korea, Singapore, and Australia—spotlighting resilient companies thriving despite economic challenges.
From Startup to $51M in Revenue
Founded in 2017 to digitize supply chains for MSMEs, Borong started as a bootstrapped startup with only US$300,000 in revenue. By 2023, it had grown to over US$51.33 million, reflecting a remarkable CAGR.
Powering Supply Chains for Global Brands
While Borong began by serving small retailers and wholesalers, it now supports major players like Petronas, Nestlé, and Shell. Its B2B procurement platform connects enterprises with distributors, dealers, and rural shops, enabling the digitisation of the end-to-end supply chain.
Driving Inclusive Digital Transformation
Borong focuses on building inclusive, tech-driven infrastructure that benefits underserved segments. Its tools help bridge the digital divide for rural businesses and B40 communities, ensuring equitable access to products, services, and financial tools.
Empowering Thousands Across Southeast Asia
Today, Borong’s solutions manage procurement, distribution, and credit for thousands of businesses across Malaysia and Southeast Asia. Beyond technology, its mission is to foster economic empowerment in hard-to-reach communities.
Recognized as a Regional Growth Leader
The Financial Times list uses a strict methodology to assess revenue growth, CAGR, and transparency. Borong’s inclusion cements its position as a regional innovator reshaping commerce in Asia-Pacific.
