Company News

Aiwujiwu Raises USD 150 from Temasek Holdings and Hillhouse Capital

The Chinese rental and second-home listings portal, Aiwujiwu, has completed a Series E round of funding worth $150 million round led by Singapore state fund Temasek Holdings and Hillhouse Capital.


Schibsted Reorganizes and Steps Up in Product and Tech

Schibsted Media Group has restructured with new geographies and stronger global functions that will enable us to deliver even better products to our users and customers - and at the same time strengthen our Ecosystem strategy.

costarlogo1 and Move Inc Enter into a Strategic Content Relationship

The CoStar Group, owner of, has entered into an agreement to exclusively power the apartment community listings on the websites owned and operated by Move –,, and – with advertiser content from and

REA Group Director Dismisses Competitor Squiiz

REB Online is reporting that John McGrath of McGrath Real Estate recently dismissed Squiiz as "wasting their money.” Presenting at an REB Leadership Series event for network bosses, McGrath said he has long believed it is too late for new competitors to challenge REA Group and Domain Group.


Schibsted Acquisition of Hemnet Getting Closer

On the 8th May 2015, Schibsted made a conditional offer to acquire the Swedish online real estate vertical Hemnet for SEK 1.5 billion. In the period since the launch of the offer, Schibsted has been in close and detailed discussions with each of the shareholders of Hemnet. Schibsted is closing in on completion of the acquisition.

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REA Group Expands Syndication Model with iProperty Group

All Australian listings on the, the REA Group’s Chinese language property site, will be syndicated to a selection of iProperty Group’s sites operating across Hong Kong and Southeast Asia.


News Corp Focuses on Performance of Move in Earnings Call

During the September quarter earnings call, News Corp CEO Robert Thomson has singled out stating they are “particularly pleased with the momentum at,” and claiming that they are now the world’s largest digital listings company when taking into account their Australian operations.


Quickr Acquires Indian Realty Exchange

India's Quikr has acquired Indian Realty Exchange, a mobile real estate agent aggregator, for an undisclosed amount. Indian Realty Exchange tags agents and brokers with real time projects and locations and helps users connect with them to buy and sell property.


Soufun Delivers 30% Year on Year Revenue Growth

SouFun Holdings has announced its unaudited financial results for the three months ended September 30, 2015 where revenue increased by 30.4% year on year while delivering an operating loss of USD 31.8m. Completes Capital Raising has raised $3.7 million through the placement of 13,169,875 shares at $0.28. The Placement will allow the Company to accelerate its strategy of creating the complete rental marketplace.