China led the
way in this year’s Red Herring 100 Asia competition, with 37 Chinese startups
selected as winners this year. Top startups included streaming video ad network
CTS, fabless chipmaker Beken and diagnostic testing company Beijing Chemclin
Biotech.
The 100 winners and 100 finalists were chosen from more
than 600 applicants in 16 countries, including India, Japan, Singapore, Korea,
Australia, and Vietnam. Red Herring journalists judged companies based on
financial performance, technology innovation, management team, and business
strategy.
“There was a large pool to choose from and
we’re impressed by the caliber an innovative talent bursting from Asia’s business and technology sector,” said Red Herring
Editor-in-Chief Joel Dreyfuss.
Winners and finalists were announced Wednesday at the Red
Herring Asia 100 conference in Hong Kong. The conference, which ends Friday,
features three days of keynote discussions, roundtable panels, and networking
events.
Speakers include Richard Li, Chairman of PCCW; John Chen, Chairman of Sybase;
Victor Koo, CEO of Youku.com and former
President of Sohu.com; James
Ding, Chairman of AsiaInfo; and John Hummelstad, Apac Director of Microsoft Ventures.