The international network that operates mainly in emerging markets has therefore expanded its portfolio for classifieds business to 32 countries across Asia, Africa, the Middle East and Latin America. The Berlin-headquartered marketplace has raised $7 million investment earlier last year to expand in Asian markets.
Lamudi’s Co-Founder and Managing Director Paul Philipp Hermann said “This latest expansion comes after a thorough assessment of the state of the property sectors in these four countries. In each case, we see thriving real estate industries that are beginning to switch online, creating demand for the high-quality property portal that Lamudi offers”
The company claims over 800,000 real estate listings across its global network.