SENSENO.COM, the fastest growing company in online Malaysian luxury private shopping club providing its members 'exclusive and invitation-only formula' of selling luxury goods
(prHWY.com) August 29, 2012 - SENSENO.COM, FL -- Kuala Lumpur, Malaysia - 27 August, 2012 - SENSENO.COM, the fastest growing company in online Malaysian luxury private shopping club providing its members 'exclusive and invitation-only formula' of selling luxury goods, is a Finalist for the 2012 Red Herring Top 100 Asia Award, a prestigious honour for the most promising private technology companies from the Asian business region. SENSENO.COM was selected by Red Herring's editorial staff based on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, and strategy and market penetration.
"Our industry is at an inflection point with the convergence of private members shopping club, social and video. The definition of online shopping is changing dramatically as the entire online shopping industry transforms into the digital age," said Jasm Tey , chief executive officer of
www.SENSENO.COM. "SENSENO.COM's long-time focus on big data and analytics has put us on the leading edge of that transformation, delivering multi private shopping experiences that are more personal for the consumer and more profitable for the provider. It's an honour to be recognized as one of the top names in technology for our team's contributions toward shaping the future of private shopping club."
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list an valuable instrument for discovering and advocating the greatest business opportunities in the industry.
"This year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists.
www.SENSENO.COM shows great promise therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2012 crop will grow into some amazing companies that are sure to make an impact."
Finalists for the 2012 edition of the Red Herring 100 Asia award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award.
The Finalists are invited to present their winning strategies at the Red Herring Asia Forum in Hong Kong, September 10-12, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of September 12 at the event.
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