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??LingoAce Named to Fast Company’s Annual List of the World’s Most Innovative Companies for 2023

Joining the ranks of OpenAI, Disney, Tiffany & Co., and more, global edtech LingoAce ranks no. 5 on the list of the most innovative companies in the Asia-Pacific region.

SINGAPORE & SAN MATEO, Calif.--(BUSINESS WIRE)--LingoAce has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.

This year’s list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow. These companies are setting the standard with some of the greatest accomplishments of the modern world. In addition to the World’s 50 Most Innovative Companies, 540 organizations are recognized across 54 sectors and regions.

“LingoAce was founded to open a world of possibilities for the next generation. Through technology, we believe we can make education more personalized and cultivate in our children a lifelong love of learning,” said Hugh Yao, Founder and CEO of LingoAce. “We are truly humbled to be named to Fast Company’s Most Innovative Companies list. We believe that with our roots in Asia, we can bring a different approach to education that will benefit students globally. I am grateful to my team for putting learners first as we continue to innovate and expand our academic offerings.”

Headquartered in Singapore with operations in the United States, Southeast Asia, Europe, and China, LingoAce is leading the education industry forward with the success of its interactive online learning platform. Since the beginning, LingoAce has put learners first – and has designed classes for learners growing up in a digital world who learn better when lessons are immersive, engaging, and fun.

LingoAce launched in 2017 to teach Mandarin Chinese in a virtual classroom. Designed to recreate a high-quality, interactive, and immersive learning experience in an online setting, LingoAce uses an innovative blend of live instruction with a professionally certified teacher and gamified coursework. The curriculum is developed in-house by education experts and aligns to global standards.

“What a strange and thrilling year it has been to honor this year’s Most Innovative Companies. This year’s list compiles some of the most cutting-edge groundbreakers who are changing our world every single day, from legacy organizations like McDonald’s to upstarts like MrBeast and institutions such as NASA. Everyone on this list does something completely, uniquely different, yet, they all have one thing in common: innovation,” said Fast Company editor-in-chief Brendan Vaughan.

Fast Company’s Most Innovative Companies issue (March/April 2023) is available online, and on newsstands beginning March 14.


LingoAce is a global education technology company on a mission to make learning for kids more engaging, effective, and accessible through technology. Founded in 2017, the company is headquartered in Singapore and has global operations throughout the United States, Southeast Asia, Europe, and China. Backed by the world’s top investors including Sequoia Capital India, Owl Ventures, Tiger Global, and Shunwei Capital, LingoAce has a roster of more than 4,000 professionally certified teachers and has taught more than 7 million classes to PreK-12 students in more than 100 countries. Learn more: lingoace.com


Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.


Daisy Kong


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