PropertyGuru invests in Vietnam website


SINGAPORE: PropertyGuru Pte, South-East Asia’s largest real estate website, is investing in Vietnam’s Batdongsan to gain a foothold in one of the fastest growing countries in the region.

PropertyGuru will gain two board seats at Vietnam’s largest real-estate site, according to a statement yesterday that didn’t disclose financial details. Batdongsan is used by 2 million people a month in Vietnam and has about 500 employees in seven offices.

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