About the New Champions
The "new champions" are the next generation of fast-growing companies poised to join the ranks of global multinationals in the next five to ten years and change the global competitive landscape. Also referred to as Global Growth Companies, many are from rapidly growing emerging markets, such as China and India, while some also hail from the traditional, developed economies.
To be classified as a global growth company, a business must have demonstrated the potential to become a leader in the global economy based on the company's business model, growth record, leadership, and respective market. The companies boast revenues between US$100 million and US$5 billion and are marked by strong growth rates, recent expansion into new markets, and growing leadership in a particular industry.
The Annual Meeting of the New Champions (AMNC) will also feature representative Technology Pioneer companies, Young Global Leaders, as well as fast-growing regions and competitive cities. The Technology Pioneers are selected each year by the Forum for their involvement in the development and application of a transformational technology innovation that has the potential for long-term impact on business and society. Similarly, the Young Global Leaders is a community of more than 1,000 exceptional young leaders who share a commitment to shaping the world.
Since the Community of Global Growth Companies was founded in 2007, nearly 200 rapidly growing companies from around the world have joined as members.
Examples of Global Growth Companies, include:
- Neusoft Group – China’s largest offshore outsourcing service provider
- Moser Baer – the world’s second largest manufacturer of Optical Storage media like CDs and DVDs
- Etihad Airways – the national airline of the United Arab Emirates
- Brightstar Corp. – a leading telecommunications distributor responsible for delivering one out of every 20 wireless devices worldwide
View the full list of Global Growth Companies on the World Economic Forum site.
Page Last Updated