Lamudi Pakistan has posted its best half-year performance ever, with net revenue up 87 per cent compared to 2015 and a record-setting 99 per cent increase in the number of paid agent and developer clients.
"Lamudi is reporting it’s best ever first-half growth figures and this speaks to the strength of our underlying business,” Arshed says.
In addition to strong revenue growth, Lamudi Pakistan announced a 104 per cent increase in website visitors in the period to May 2016.
Saad Arshed says Lamudi Pakistan is unique in that it offers a full range of properties to buy or rent, from affordable studios to large-scale commercial buildings.
"Some months ago we introduced the Lamudi Real Estate App, which has made searching for property a much more convenient undertaking," he says.
Having received $31.4 million in funding earlier this year, Lamudi has its sights on taking the top spot in the competitive Pakistan real estate market.
"With rapidly increasing website visitors, multiplying paid clients, and strong revenue growth Lamudi Pakistan we are fast realising this goal of being the choice for online property portals in Pakistan," Arshed says.
Launched in 2013, Lamudi is a global property portal focusing exclusively on emerging markets.
The platform is currently available in 13 countries in Asia, the Middle East and Latin America, with close to a million real estate listings across its global network.
The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online.