Asia revenue contributes less than 10% of REA Group's total revenue Performance impacted by decreased market transactions in Hong Kong, Malaysia
Regional Internet TV service iflix has announced the appointment of Cam Walker as head of iflix Indonesia.
iflix announced the completion of a 'large new round of funding' led by Sky, with participation from Indonesian media giant Emtek Group through its subsidiary Surya Citra Media.
The key question from this week’s DNA Tech Talk show on BFM was about why Asian entrepreneurs did not see the value in Patrick Grove’s iProperty.
Patrick Grove gets his biggest deal yet in the takeover of iProperty by ASX-listed REA Group Ltd, valued at US$536mil. He takes some questions from Mexico City while waiting to board a flight back to KL.
iProperty’s Patrick Grove thinks within three years, Malaysians will be buying and paying for property online. The Malaysian Institute of Estate Agents thinks he could be breaking the law.
Online investment firm Catcha Group has announced that REA Group, an affiliate of News Corp, has acquired a 17.22% stake in its portfolio company, iProperty Group.