There are some ASX shares that are growing at a very fast pace.
Here are two growing businesses that are rated as a buy by a Motley Fool service:
Temple & Webster Group Ltd (ASX: TPW)
Temple & Webster is an online furniture business that sells furniture and homewares for almost every room in the house, as well as for the garden. It also sells things like wall art.
According to the ASX, it has a market capitalisation of $1.25 billion.
How fast is the company growing? In FY20 it grew revenue by 74% to $176.3 million. The growth accelerated during the year, particularly during the period most affected by COVID-19. FY20 second half revenue grew by 96% and fourth quarter revenue increased by 130%.
The ASX share also boasted of…