Darag Operator Second Syndrome Selected as 'High-Growth Asia-Pacific Company' by UK FT

Second Syndrome, the operator of the shared storage service 'Darag,' has been selected as one of the '2023 Asia-Pacific High-Growth Companies' announced by the UK Financial Times (FT).

The Asia-Pacific High-Growth Companies list is composed of 500 companies evaluated by FT and the global market research firm Statista, based on recent growth rates and profitability among companies in 13 regions across Asia and the Pacific.

Among the 500 companies announced this year, Japan had the highest number with 136 companies. South Korea followed with 78 companies, and Singapore ranked third with 75 companies.

Second Syndrome ranked 65th among the 500 companies with a sales growth rate of 804% over the past three years and a compound annual growth rate (CAGR) of 108%. It placed 13th among the 78 domestic companies selected.

Darag is an urban storage convenience service where the processes of item pickup, storage, and delivery are conducted via mobile. Through its self-developed unmanned operation system, it provides temperature- and humidity-controlled management 365 days a year.

Hong Woo-tae, CEO of Second Syndrome, stated, "We will continue to enhance our services through technology development and user experience improvements to ensure a comfortable living environment for our customers."