What does it take to be the world’s fastest-growing tech company?
Posted On July 21, 2021
According to a new report from Polygon, global logistics giant Hellmann Worldwide logistics has the fastest-growth in the world for the third year running, jumping nearly 30 percent in the latest quarter.
The company’s revenue surged more than 20 percent in 2015, but is still far behind the likes of Alibaba and Microsoft.
Hellmann recently signed up 100,000 new logistics jobs in its home market of India and China, and recently opened its first fulfillment center in the US.
Hellmann has been steadily adding new jobs since it first opened its doors in 2014.
The company said it added 3,500 jobs in the first six months of this year alone, and that the growth rate is likely to increase.
It added another 100,400 jobs in Q1 2017.
Hellman also has offices in Europe and Asia.
This growth has helped the company become a key player in the logistics industry.
It has been growing its global workforce from 20,000 in 2015 to over 70,000 today, which translates into a workforce of more than 1.3 million people.
Hellmans revenues have jumped from $1.5 billion in 2014 to $2.5 trillion in 2016, according to a report by McKinsey & Company.
Hellman also recently signed deals with Amazon and Walmart to bring its logistics solutions to more customers in the latter two markets.
The logistics company has seen its stock price rise nearly 60 percent over the past year, with a value of $5.8 billion in the last three months of 2017.
That’s the second-highest annual growth rate of any technology company in the Fortune 500, according the company’s filings.
Hellmans growth is also helping it expand its core markets: In the US, it operates over 4,600 fulfillment centers, with over a million customers.
In India, it’s a majority owner of three logistics companies, including logistics giant Mahindra Logistics and logistics company Mahindro Logistics Pvt.
In China, it has a 50 percent stake in Mahindragiri Logistics, a logistics company that operates in the Chinese city of Tianjin.
Hellmens growing presence in India has made it a popular choice for many startups looking to enter the country, with startups like Snapdeal and Flipkart, for example, already in the country.
Hellmobiles is also one of the top five companies in the company listings on Zendesk, a leading platform that tracks the stocks of over 50,000 companies in more than 100 countries.