Asia

REA sells HK business to iProperty, strengthens shareholder grip

REA Group has sold its Hong Kong business to iProperty Group, in a deal worth AUD$15 million (US$13.5 million). The sale is subject to iProperty shareholder approval. iProperty will operate REA’s squarefoot.com.hk and its own GoHome.com.hk. Squarefoot also has a printed property magazine that iProperty will take over from REA. REA’s stake in iProperty of 17.2 percent, which it bought...

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New microjob marketplace for Asia’s freelancers

There’s a new online microjob marketplace for Asia’s freelancers. The site’s called 5bux.net and is run by Keokera Online, an internet marketing and technology company based in Singapore. Here’s the full press release from Keokera: Keokera kicks off a microjob marketplace for online freelancers Singapore — (ReleaseWire) — 10/10/2014 — Internet marketing and...

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Indonesia’s TokoBagus rebrands to Olx.co.id

Indonesia’s biggest classifieds site TokoBagus announced its name change to Olx.co.id this week, according to techinasia.com. The company assured users that the only thing changing is the brand and domain name. COO Alif Priyono said, “We are already the largest site for online selling in Indonesia, and becoming Olx.co.id and joining a global brand will help us to extend our lead even...

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Real Estate Channel, Juwai, bring Chinese home buyers, Canadian agents together

payday loans   More Canadian Real Estate Agents to Target Chinese Buyers via Real Estate Channel Deal with Juwai.com   (Shanghai, China) – Canadian real estate professionals can now market their listings to Chinese buyers automatically from within a popular industry marketing solution. This results from an exclusive partnership between Canada’s only real estate television...

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CarSales to take 20% stake in ICar Asia

Carsales.com Ltd, the Australia-based classified company that offers automotive and general merchandise listings, is acquiring a 19.9 percent strategic stake in ICar Asia Ltd., owner of a network of automotive portals in ASEAN, the two companies announced yesterday. The companies have forged a strategic partnership, with the Australian company investing A$13.4 million ($13.9 million U.S.) in ICar...

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IProperty mobile visits up 352% YOY, Asia-Pacific world’s largest mobile market

THE IPROPERTY GROUP REPORTS STRONG GROWTH IN MOBILE USAGE   Kuala Lumpur, 27 November 2012 - In an online survey conducted in August 2012 by Mobext, the world’s largest mobile marketing agency network, it was revealed that with more than 2.5 billion subscriptions and 70-90% average mobile customer penetration in many countries, the Asia-Pacific region is the largest and fastest- growing...

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