EMPG Rebranded to Dubizzle Group Ahead of Mooted IPO

May 9, 2023
Share this Post: 

The Dubai-based online classifieds operator Emerging Marketplaces Group (EMPG) has rebranded to 'Dubizzle Group'.

In a brief press release, the company put the rebrand decision down to "an acknowledgement of the popularity of the dubizzle brand across
its markets". The release also noted that the company's structure and individual brands will remain unchanged.

Dubizzle Group Assets

Dubizzle is the name of the dominant generalist classifieds platform in the UAE that was founded in 2005 by J.C. Butler and Sim Whatley. The company was bought out by OLX in 2015 with OLX then subsequently merged with EMPG in 2020 in a deal that saw OLX become EMPG's largest shareholder.

Today Dubizzle Group employs some 5,500 people across 10 countries and receives over 167 million visits per month.

The move to rebrand comes as Dubizzle Group has been looking to offload some of its unprofitable assets ahead of a mooted IPO. The company sold off the struggling Mexican portal Lamudi as well as the Thai marketplace Kaidee earlier this year.

The fiscal connotations of the word "emerging" are unlikely to wow potential Emirati investors whereas tying the enterprise to the popular Dubizzle brand might well pay off.

May 9, 2023
Since March 2020 Edmund's job has been to read about, write about, collect data on, analyse and generally know about real estate marketplaces and the companies that run them. Before that he worked at the aggregator Mitula Group (which became Lifull Connect) for five years.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Alma Media
Finnish Marketplace Operator Alma Media Releases Q1 Results: Total Revenues Slightly Up, Classifieds Revenues Slightly Down

Alma Media has released a new-look financial analysis for its Q1 2024 results. Highlights include: Adjusted operating profit decreased by...

Read More
Product Roundup 19 April 2024
Product Roundup: Domclick, ImmoScout24, Wikicasa, SeLoger Neuf, Habyt, Dubizzle, Aviv Germany, Homele

This week's product roundup includes another great initiative from Domclick—the second in consecutive weeks. And interestingly, we've spotted three big...

Read More
Costar And Realtor.com
The Portal War: Realtor.com Announces New Marketing Campaign Championing the Value of Buyer Agents

US number two portal Realtor.com has announced a new marketing campaign that will champion the value and skills of independent...

Read More
Propertyguru Singapore Skyline
Analysis: PropertyGuru Is Heavily Reliant on Singapore's Crazy Real Estate Market

Singapore is well known for its obsession with property and the market dynamics there are pretty unique...   There can't...

Read More

Editor's Pick