Madrid-based, multi-vertical aggregator Mitula Group (Code: MUA) is rumored to have doubled its revenue in FY2016 from FY2015. The earnings report for Q4 and the full year will only be released late in February, but Simply Wall Street cited unnamed analysts who said the company's revenue grew by more than 100 percent in 2016 y-on-y.
Mitula Group, a listed classifieds company with brands such as Mitula, Nestoria and Nuroa, and real estate sites in nine Southeast Asian countries under the Dotproperty and Thailand-Property brands, appointed Georg Chmiel, ex-IProperty CEO, to its board.
Mitula Group, a global leader in classifieds search, is gearing up to introduce its two real-estate brands Nestoria and Nuroa to Pakistan, as its aggregator Mitula.pk starts to gain traction.
Ben Neve, DotProperty’s founder and CEO, moved to Mitula Group after selling his baby to Mitula for AUD$11 million.
Mitula Group, the global multi-vertical aggregator, expanded to three new countries by launching a total of six new sites.
Mitula Group has identified new revenue streams which may add up to A$1 million to total revenue in FY2017, estimated research firm Edison in a report dated June 7.
Mitula Group, the classified aggregator founded in Spain, launched three new sites in Tunisia, Kenia and the Philippines.
Mitula Group bought Barcelona-based real estate classified site Nuroa, which operates real estate websites in 17 countries.
Madrid-based Mitula Classified acquired 100 percent of London-based Lokku Limited for an undisclosed amount and changed the company name to The Mitula Group Limited.
The Mitula Group owns Mitula.com, a vertical search engine for autos, jobs and real estate in 38 countries, and Lokku Limited owns (among others) <a href="http://www.nestoria.com
Lokku, the owner of Nestoria, announced it had acquired FindProperly.co.uk, a site which has been running for just over a year and allows people to search for real estate in London - not just by traditional price and location parameters, but also with 'big data' information on commute times, crime rates and air quality.
In a final blo