DealStreetAsia: PropertyGuru to turn profitable
Co-founder Jani Rautiainen, Co-founder Steve Melhuish and CEO Hari Krishnan. Image credits: PropertyGuru Pte Ltd
SINGAPORE, March 3rd, 2017 – DealStreetAsia reports that PropertyGuru, Southeast Asia’s largest property portal, is expecting to turn profitable by the end of the year. PropertyGuru, founded in 2007, says it caters to 16 million users a month. The Singapore-based company has made six acquisitions and a strategic investment since 2011. It invested in Vietnam’s Batdongsan last year to gain a foothold in one of the fastest growing countries in the region. Vietnam became PropertyGuru’s fifth market after Singapore, Malaysia, Thailand and Indonesia.