UAE’s EMPG acquires Rocket-backed Lamudi Global
EMPG, a real estate classifieds marketplace group headquartered in the United Arab Emirates, has acquired Lamudi Global, which runs property market portals in the Philippines and Indonesia.
Lamudi, which was part of Germany’s Rocket Internet’s portfolio, previously raised $31.4 million in a funding round in 2016. Apart from Rocket Internet, it counted Qatari telecom company Ooredoo,...
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