JAKARTA, INDONESIA: In a move that will propel Lamudi Indonesia upward in thecountry’s real estate market, the Jakarta-based real estate portal has announced itsacquisition of OLX Indonesia’s Real Estate business, including all Real Estate-relatedseller and buyer activities. Lamudi is part of EMPG, the UAE-based Classifieds group that reached unicornstatus in 2020 upon acquiring OLX Group assets […]
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DUBAI: EMPG, one of the leading digital classifieds groups in the MENA, South Asia and Southeast Asia regions, has announced its acquisition of Lamudi Global, which has businesses in Philippines, Indonesia and Mexico. The group said the acquisition had taken place before its merger with OLX Group’s businesses in MENA and South Asia that raised […]
EMPG and OLX Group announce merger of MENA and South Asia businesses Deal includes OLX Group’s businesses in Pakistan, Egypt, the UAE and Lebanon The agreement brings a US $150 million cash injection led by OLX Group with participation from existing EMPG shareholders EMPG valued at US $1 billion post transaction Amsterdam and Dubai 28 […]
DUBAI/BANGKOK/LAHORE: EMPG on Wednesday announced its acquisition of Thailand’s largest online marketplace ‘Kaidee’ – having officially closed the deal more than two months ago in February. With a strong regional position featuring leading portals in the South Asian and MENA regions – Zameen (Pakistan), Bayut (UAE, Saudi Arabia, Jordan) Bproperty (Bangladesh) and Mubawab (Morocco and […]