How do you train and maintain a bot to get the most out of it? Former iProperty CEO and current chairman of iCar Asia Georg Chmiel gives us his tips. Online classifieds executive Georg Chmiel has extensive knowledge about bots. Chmiel was the managing director and CEO of Asia’s iProperty Group and was instrumental in developing its chatbot Rebecca, the first of its kind within the Asian real estate sector back in 2016. Currently, Chmiel is the chairman of iCar Asia Limited, an automotive classifieds portal which has been perfecting a new bot set to pioneer the industry in Asia.
ShweProperty.com, one of Myanmar's leading property portal and event companies, has hosted a successful property expo, attracting six of the biggest banks in the country. According to ShweProperty's CEO Justin Sway, the benefit for visitors attending the event was the presence of the country's largest banks: KBZ Bank, AYA Bank, CBBank, UAB Bank, Yoma Bank, CHDB Bank, who were looking to provide home loans for participating developers and consumers at the event. “We are delighted to be working with our official banking partners, who were instrumental during the event, acting as intermediaries between the developer's sales staff and potential home buyers”
Rumours have been circulating for some time that the iProperty Group has not been performing to expectations and that the REA Group was under pressure to write down its investment. On Thursday last week, the company announced a AUD $180m impairment charge against the asset, meaning that they had to write off AUD $180m of the amount that they paid for the iProperty Group. Just to recap, in late 2015 the REA Group announced that it was acquiring the shares it didn’t own in the iProperty Group at AUD $4.00 per share, valuing the business at AUD $750m. A quick
A Malaysian property portal that combines real estate listings with syndicated news content has secured US$4 million from several angel investors. The Edge Property portal received its latest round of funding from Hsieh Fu Hua, chairman of Singapore’s United Overseas Bank; Nazir Razak, chairman of Malaysia’s CIMB bank; Peter Goh, vice president of ASEAN Systems Sales at Oracle; and GK Goh affiliate Fushia Investments. According to a press release, the portal will use the $4 million to optimize its features and further expand its reach. Sarawak, Malaysia. Image: Shutterstock Launched by Malaysian entrepreneur Tong Kooi Ong in July 2015, The Edge Property offers
Schibsted has increased its stake in OLX Brazil to 25%. Norwegian media company Schibsted has announced the closure of its transactions to acquire 50% of the online marketplaces OLX Brazil alongside 100% of Chile's classified marketplace Yapo.cl which both offer a range of items including cars, houses and general items. The deal was first announced on 11 May 2017 and has now passed, giving the media company a stake and part-stake in two large South American marketplaces. Alongside its acquisition of both OLX and Yapol, is Schibsted's divestment of the 33.3% ownership stake in 701 Search to the Norwegian telecommunications company Telenor.
[caption id="attachment_22482" align="aligncenter" width="556"] Picture from L-R: Peter, Richard, Jamie[/caption] iCarAsia Limited has appointed Peter Everingham, Richard Kuo and Jamie Olsen to the Board of Directors, effective July 1st, 2017. At the same time, Mark Britt and Chris Lobb will retire from their respective board positions effective June 30th, 2017. Peter Everingham will join as non-executive Director. Peter is an experienced executive and non-executive Director of digital and technology businesses having worked in the sector for over 19 years. Up until December 2016, Peter was Managing Director of SEEK Limited’s International Division which includes their online businesses in China, Hong Kong and
After nearly four years, Derek Shen, the president of LinkedIn China, and who is responsible for the launch of the professional social network in China has resigned, in what could be a setback to the company’s mainland expansion plans Shen, an experienced entrepreneur, said in a statement released by the company that “it is time for a new start” now that he has achieved the goal of rapidly expanding LinkedIn’s business in China. LinkedIn is one of the very few western social networking sites that has managed to build a solid operation in the strictly controlled Chinese internet arena. “It is difficult
Malyasian property portal iProperty.com has released a new app for its iOS and Android mobile devices after the success of the app's soft launch earlier this year. The app initially launched in May 2017 and is tailored to both property buyers and investors who are on the hunt for their dream home, or next investment. The updated app for iOS and Android devices provides users with a seamless property search experience thanks to a total refresh of the look and feel, and the integration of search, which surfaces developer and established property listings in a single search. Since the app’s
Filipino Homes opens brick and mortar office at JCentre Mall in Mandaue City. Philippines-based real estate portal Filipino Homes has partnered with Skyscraper Realty to establish its eighth office in Cebu, making it its 22nd nationwide, at JCentre Mall in Mandaue City. One of the largest comprehensive real estate solutions portal in the Philippines, Filipino Homes provides one-stop-shop services for real estate buyers and sellers. The one-of-its-kind facility is available both online and offline (brick and mortar offices), connecting people to all related products and services in real estate business. Anthony Leuterio, president and CEO of multi-awarded Leuterio Realty and Brokerage, said: “Our goal is to create the
Malayasian student accommodation start-up HostelHunting.com has raised a new round of funding to further expand its business. With its fresh round of Series A funding, HostelHunting.com will strengthen its foothold in Malaysia and drive growth in the region with a vision to invest in growth, people, infrastructure & technology. The new round of funding is followed by the portal's US$500,000 round of seed funding that it received in December 2015. Investors this time around include: Accord Ventures, Inc, Hoop Partners and Startia - a Japanese IT company listed on the Japanese Stock Exchange specialising in web, network & business solutions.