Zameen.com, leading online property site in Pakistan, recently added a 3-D walkthrough feature to its mobile app to give the home seeker a better feel for the home, before he spends time and effort to visit it. The virtual reality (VR) technology used by Zameen, is unique in the country’s vertical and horizontal classifieds industry.
Rocket Internet’s Carmudi Philippines recently accepted the Automobile Association Philippines (AAP) as its exclusive, emergency roadside service provider for every vehicle enrolled by Carmudi in the AAP’s corporate membership program.
ShweProperty, a real estate site in Myanmar, secured a seven-figure round in Series-A funding from a large fund with lots of experience globally in online real estate, and classifieds in general. More specific information was not released.
Chakri.com, an emerging job site in Bangladesh, is focused on building its resume database. At a two-day jobs fair late last month, it managed to get 5,000 students to submit their resumes right there and then. The jobs fair was hosted by a local institution.
Izloo.com.pk has been lurking inconspicuously somewhere in a corner of the Pakistani market for the past three years. Now it relaunched the website with listing packages, and feature and display ads to attract visitors.
The Competition Commission of Pakistan (CCP), the country's anti-trust watchdog, ordered Kaymu.pk, a large, local online marketplace, to explain why a case for "deceptive marketing" should not be opened against it.
Move24.de, the German platform for home relocation services, signed a strategic partnership with ImmobilienScout24 (IS24), Germany’s No. 1 real estate platform, to buy the largest share of leads generated by the moving-services section of IS24. Previously, Movinga received the largest share. Why this switch?
Lazada.com, a large ecommerce site in Southeast Asia, launched a dedicated platform on which Malaysian consumers can shop for leading Chinese brands. The so-called “Oriental Pavillion” will introduce brands like Semir, QCY, Bluedio and Puppyoo in partnership with Alibaba’s TMall, a big ecommerce site in China.
Rocket Internet closed a $1-billion U.S. round for a new investment fund called Rocket Internet Capital Partners (RICP), which it claimed to be Europe’s largest investment fund focused on the internet sector.
At the end of last year, the Axel Springer magazine Deutsche-startups.de counted 46 proptech start-ups in Germany. The commercial real estate news site Gewerbe-Quadrat counted around 80 of them (not including real estate marketplaces) in March this year. By November, that number has risen to 126.