Introducing: Asia's Power Businesswomen
orbes Asia's Power Businesswomen list reboots this year, highlighting 25 accomplished women who are playing a significant role in shaping Asia’s business landscape in the next few decades. Selected for their achievements and track records of success, the women on this list represent the diversity within Asia’s business landscape by highlighting entrepreneurs, investors, high level executives as well as those transforming their family enterprises.
Kim—who goes by Sophie—left a career as a management consultant to tap South Korea’s growing e-commerce market. Since launching her grocery delivery platform Market Kurly in 2015, sales at the Seoul-based company have grown more than 50 times to 156 billion won . Touted in local media as a must-have app for upwardly mobile moms, Market Kurly now has more than 2 million subscribers, equivalent to a fifth of Seoul’s population.
Qian founded Luckin in 2017 and has already expanded the chain to 3,000 stores. Now Luckin is closing in on rival Starbucks—the largest coffee chain in the country—which first opened in 1999 and now operates 3,600 stores there. Xiamen-based Luckin wants to go even further, opening as many as 10,000 stores across China by 2021. That rapid expansion has come with big losses—Luckin lost $475 million last year—but its growth is attracting investors.
Leonita’s career took off in 2011 when she was put in charge of the investment portfolio at Indonesian life insurer Avrist Assurance. Five years later she was named director of the insurer’s asset management unit, where she built her own investment team. Within a year, assets under management soared 169% to 2.2 trillion rupiah and Avrist’s number of customers nearly tripled, to just under 1,000. In 2018, Leonita became the only woman on the company’s board.
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