Australian-based Digital Classifieds Group recently acquired the leading online property marketplaces in Indonesia and the Philippines in a newly confirmed acquisition of the Lamudi assets from the dubizzle Group . The deal follows DCG’s acquisition of the leading Bangladeshi portal, Bproperty in January 2023 and propels the group to be Asia’s second-largest property portal operator.
The consolidated group now operates leading real estate portals in 5 high-growth Asian markets, including Indonesia, the Philippines, Bangladesh, Cambodia, and Papua New Guinea and will see its global workforce grow to more than 900 staff.was founded in 2013, initially focusing on building dominant property classifieds in frontier markets; however, over recent years, they have shifted from advertising to transaction-based business models to accelerate revenue and growth.
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Manila Standard website , launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry.
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