iProperty.com
Kuala Lumpur
About iProperty.com
iProperty is a pretty big fish as one of Southeast Asia’s leading online property portal businesses. Now, it announced it’s about to be bought by an even bigger fish – REA Group, a News Corp subsidiary which owns property sites in India, Australia, China, US, and Europe. The deal is worth US$413 million, which is the value of the remaining shares REA will purchase to complete the acquisition. This puts iProperty’s valuation at A$751 million (US$534 million), one of the largest acquisitions of a Southeast Asian internet company in recent memory.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 501 – 1,000
- Estimated revenue: $100K – $500K
- Total funding: $100.0M
- Funding stage: M&A
- Last round: Series Unknown (Jul 2014)
- Website: iproperty.com
- Phone: +60 3-2264 6888
Industries & Categories
Internet, Property Management, Real Estate
Social Profiles
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