Total Funding
1
7
Total FundingVenture - Series Unknown raised
Growth Score
-1 pts
Heat Score
-1 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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245169
REA Group Asia offers listings for residential, commercial, new launch, and auction properties for sale and rent.
Acquired by 
PropertyGuru Group
Patrick Grove: Co Founder & Chairman- Past Role: Sumeru Equity Partners, Venture Partner
PropertyGuru Group
About the Company
iProperty is a pretty big fish as one of Southeast Asia’s leading online property portal businesses. Now, it announced it’s about to be bought by an even bigger fish – REA Group, a News Corp subsidiary which owns property sites in India, Australia, China, US, and Europe.
The deal is worth US$413 million, which is the value of the remaining shares
REA will purchase to complete the acquisition. This puts iProperty’s valuation at A$751 million (US$534 million), one of the largest acquisitions of a Southeast Asian internet company in recent memory.
