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Readly ranked third fastest growing tech company in Sweden

Press Release   •   Nov 15, 2018 17:48 GMT

On November 14th Readly was announced as Sweden’s third fastest growing tech company when Deloitte presented Sweden Technology Fast 50, an independent ranking of Sweden's fastest growing technology companies during a Nasdaq award ceremony.

With a 7377 percent revenue growth between 2014 and 2017 Readly was placed at the top with the companies Global Gaming, Strossle, Elk Studios and Tourn.

Jörgen Gullbrandson, CEO of Readly, comments on the award:
"That Readly is Sweden's third fastest growing tech company feels amazing. We want to drive digitalisation of the magazine industry and our strong growth shows that we are on the right track. We are a very committed team and I look forward to continuing to grow together, both by adding more talent to the company and launching into new markets."

Technology Fast 50 has been in Sweden since 2003. The Fast 50 ranking is also run in 20 other countries/regions in Europe, Asia and Australia. Sweden Technology Fast 50 was founded by Deloitte and is the only special award for technology companies in Sweden. The ranking is based on the average revenue growth of companies during the past four-year period, including both public and private companies. The list covers all types of technology - from internet and computer equipment to greentech and life sciences.

See the entire year's ranking at www.fast50.se

About Readly:

Readly is a global subscription service for digital magazines that gives users unlimited access to thousands of national and international magazines in an app. The service is fast, easy to use, and each user receives an unlimited reading on up to 5 devices, the whole family can use the same subscription. Readly offers several smart features such as Favourite Selection, Article Search, and Offline Reading. Readly was founded in Sweden in 2013, whilst Sweden, the UK and Germany are the focus, it is now expanding globally and entering new territories. Learn more at www.readly.com

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