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Singapore startup 99.co buys Indonesia's property portal

With the acquisition of UrbanIndo, consumers in both countries can access 99.co for all property-related transactions

Published Mon, Jan 22, 2018 · 09:50 PM

    Singapore

    SINGAPORE property search startup 99.co has acquired Indonesia's UrbanIndo, said to be the largest property portal in Indonesia with over 1.2 million active listings,

    The buyout - the sum of which was undisclosed - is part of 99.co's goal to build a "great real estate technology company in South-east Asia" over the next 10 years, its chief Darius Cheung told The Business Times on Monday.