MANILA, February 04, 2016: Emerging markets real estate network Lamudi has raised EUR 29 million (USD 31.4 million) in investment to grow its operations across Latin America and Asia.
Three investors have backed the business: Asia Pacific Internet Group, which is a joint venture of Rocket Internet and Ooredoo; Holtzbrinck Ventures, a leading European venture capital investor; and current investor Tengelmann Ventures, a division of international multi-sector retailer Tengelmann Group.

In February 2015, the venture received 16 million EUR in investment to boost its Latin American and Asian operations. A year later, an additional 29 million EUR will be invested in the business.
Hanno Stegmann, CEO APACIG, states: "We are very happy with the development of Lamudi within our portfolio. The demand for great classifieds platforms across emerging and frontier markets in the APAC region is high. Lamudi has proven a strong capability to adapt to diverse markets and offer the best user experience. We are confident to see the business growing further."
Lamudi Philippines Founder and CEO, Jacqueline van den Ende, said: “This is a vote of confidence in Lamudi’s operations right across Asia. In the Philippines, we are seeing an accelerating trend towards online property search and increasing demand for our services. Last year was big year for Lamudi Philippines, with the acquisition of MyProperty.ph and other key milestones. This latest investment will allow us to take our platform to the next level.”

The residential property market in emerging markets in Latin America and Asia, where Lamudi is operating, is in the growth phase of the cycle. This is confirmed by an increase in transactions, transaction prices in chosen markets and significant traffic growth on the platform. Lamudi’s financial statements are in line with predictions. Lamudi revenue grew by 460% in 2015 and it is set to grow even faster in 2016.
Your blog is active and articles are informative
ReplyDeletepakistan biggest website
If you're looking forward to owning a property or investing in one, and if you dont have an agent, you dont have to worry since property listing cebu is there to help you
ReplyDeleteYou can search for a property online in Cebu realty services
ReplyDeleteOrganización efectiva del prestamos personales en efectivo trabajo con contratistas, incluida la atracción de contratistas confiables con precios mínimos y plazos de entrega del proyecto mediante licitación de contratos, controlando efectivamente al cliente con la participación de empresas de ingeniería, utilizando el apalancamiento financiero para estimular a los contratistas, lo que reduce el tiempo de construcción y mejora la calidad del trabajo. , reducir los costos y, por lo tanto, aumentar el valor agregado del proyecto.
ReplyDeleteThe Future of Real Estate in Islamabad, Pakistan is Safe and Secure. The cirrently growth in Real Estate and Construction industry is remarkable. ZemBuilders is a Construction and Real Estate Agency who Earn a lot of name in Just 2 Years. They Compete Many Agencies Like Advice, Prop.
ReplyDelete