Lamudi CEO Leaves After Digital Classifieds Group Acquisition

November 9, 2023
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Lamudi co-founder Kian Moini has left his position as CEO after the business was acquired by Digital Classifieds Group (DCG) last month.

A LinkedIn post confirmed his departure.

"I am very proud about what Lamudi has accomplished to date with market leading positions in Indonesia, the Philippines and Mexico and the truly exceptional technology we have built particularly for the transactions side of the business.

"While there is still a long road of value-creation ahead, my mission has been accomplished and I am very glad to pass the business on to Digital Classifieds Group as operating shareholders knowing that Lamudi markets and technology will be the center of the group's attention.

"10 years of sweat. Mission accomplished."

DCG is now officially Asia's second-largest property portal operator after the acquisitions of Lamudi in Indonesia and the Philippines in October, and BProperty (Bangladesh) in January.

November 9, 2023
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

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