We are proud to announce that CloudCart joined this year's prestige ranking - Deloitte Technology Fast 50 in Central Europe, which presents the fastest growing tech businesses in the Central and Eastern Europe regions. It is an honor to be part of the final contestants, recognized for the innovative technological solutions and provided business development in Bulgaria and the region.
We are pleased to represent our country in a positive aspect as well as to support the majority of successful Bulgarian businesses.
From the very beginning of CloudCart, one of our main aims is to help the growth of the small and medium business in Bulgaria and abroad with providing the merchants with an accessible, quality, multifunctional e-commerce platform. Entrepreneurship and providing suitable conditions that encourage its growth are among the determining factors and indicators of economic stability and development of a country. The importance of this support to small and medium-sized business owners is even more important in the current economic crisis caused by the Covid19 pandemic.
We believe that e-commerce and digitalization are one of the steps not only to overcome the current crisis, but also to guarantee the successful implementation and development of any business in the future. The annual report is published by Deloitte, leading international organization for consultancy and also part of Deloitte Technology Fast 500 EMEA – authority ranking for companies - leaders in growth in Europe, Middle East and Africa. CloudCart is among the three Bulgarian companies presented in the report this year, which was awarded simultaneously in two categories of the ranking, in the main "Fast 50" and in "Impact Stars" - a new section for companies with a clear socially-oriented, ethical aspect as part of their business model. Among the main criteria for the participants in the ranking are the growth of their revenues for the last four years (from 2016 to 2019), as well as the presence of their intellectual property, where we mark a 494% increase in revenues.
The award of Deloitte Technology Fast 50
The award of CloudCart as one of the best tech companies in Deloitte Technology Fast 50 in Central Europe is another solid confirmation for the global level and the ambitions for growth of our company. Not coincidentally, in 2019, CloudCart was among the finalists in The top 3 e-commerce platforms internationally, according to the ranking of the leading American news medium Newsweek and the statistical portal Statista. These achievements and awards, along with the attracted international investments, are a clear part of our fast, confident steps towards strengthening our reputation as a reliable highly innovative partner, and at the same time our serious application for leadership position and realization of opening new markets and new opportunities- for CloudCart, for you as our customer, in Europe and globally. We want to thank all our clients and partners for the trust! We will continue to grow and succeed together!
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