{"id":65387,"date":"2020-05-12T15:57:11","date_gmt":"2020-05-12T10:57:11","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=65387"},"modified":"2020-05-14T12:23:22","modified_gmt":"2020-05-14T07:23:22","slug":"empg-announces-acquisition-lamudi-global-expands-philippines-indonesia-mexico","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/empg-announces-acquisition-lamudi-global-expands-philippines-indonesia-mexico.html","title":{"rendered":"EMPG acquires Lamudi Global; expands into Philippines, Indonesia &amp; Mexico"},"content":{"rendered":"\n<p>Dubai: The Emerging Markets Property Group (EMPG), Zameen.com\u2019s parent company, on Tuesday announced the acquisition of Lamudi Global; which operates popular online businesses in the Philippines, Indonesia and Mexico.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/empg-announces-merger-with-olx-group-achieves-unicorn-status.html\" target=\"_blank\" rel=\"noreferrer noopener\">Zameen.com\u2019s parent company EMPG announces merger with OLX Group; achieves unicorn status<\/a><\/p>\n\n\n\n<p>EMPG has emerged as the leading digital classifieds group in the MENA, South Asian and Southeast Asian regions in recent years; with the transnational consortium also having publicised its merger with the OLX Group in South Asia and the Middle East only two weeks ago (raising its asset valuation to USD 1 billion \u2014 and thereby consolidating the coveted \u2018unicorn\u2019 status). The company had also acquired Thailand\u2019s top online marketplace Kaidee in February; in addition to Lamudi in the Middle East, Pakistan and Bangladesh last year.&nbsp;<\/p>\n\n\n\n<p>While commenting on this development, EMPG CEO Imran Ali Khan said: \u201cWe welcome the Lamudi Global teams to the EMPG family. They bring with them a lot of experience and domain knowledge, and we value the people who have been with the business since the beginning. We look forward to working with the team to continue growing the business, and EMPG will provide strategic, technological and financial support as needed.\u201d<\/p>\n\n\n\n<p>He also said that through these acquisitions, <a href=\"https:\/\/www.zameen.com\/forum\/discussions\/other_and_misc\/zameen_com_s_parent_company_empg_acquires_lamudi_global-33238.html\" target=\"_blank\" rel=\"noreferrer noopener\">EMPG<\/a> was all set on increasing its focus on Southeast Asia \u2013 outside the group\u2019s \u2018core\u2019 regions of South Asia, Middle East and North Africa.<\/p>\n\n\n\n<p>\u201cOur aim is to build a strong presence in the region with these acquisitions. Southeast Asia is a bustling, happening market with tremendous potential, and we look forward to providing the best experience to both professionals and consumers,\u201d said Khan.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/zameens-parent-firm-empg-takes-over-thailands-kaidee.html\" target=\"_blank\" rel=\"noreferrer noopener\">Zameen.com\u2019s parent company EMPG takes over Thailand\u2019s Kaidee<\/a><\/p>\n\n\n\n<p>Lamudi CEO Kian Moini anticipates EMPG\u2019s entrance into these new markets to be a \u2018game changer\u2019 for their respective commercial domains. He said: \u201cEMPG has built highly successful businesses in all of its geographies, and the group\u2019s strategic depth and advanced tech are two major assets Lamudi looks forward to as we begin this next phase of our journey.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai: The Emerging Markets Property Group (EMPG), Zameen.com\u2019s parent company, on Tuesday announced the acquisition of Lamudi Global; which operates popular online businesses in the Philippines, Indonesia and Mexico. Read: Zameen.com\u2019s parent company EMPG announces merger with OLX Group; achieves unicorn status EMPG has emerged as the leading digital classifieds group in the MENA, South Asian and Southeast Asian regions in recent years; with the transnational consortium also having publicised its merger with the OLX Group in South Asia and the Middle East only two weeks ago (raising its asset valuation to USD 1 billion \u2014 and thereby consolidating the coveted \u2018unicorn\u2019 status). The company had also acquired Thailand\u2019s top online marketplace Kaidee in February; in addition to Lamudi in the Middle East, Pakistan and Bangladesh last year.&nbsp; While commenting on this development, EMPG CEO Imran Ali Khan said: \u201cWe welcome the Lamudi Global teams to the EMPG family. They bring with them a lot of experience and domain knowledge, and we value the people who have been with the business since the beginning. We look forward to working with the team to continue growing the business, and EMPG will provide strategic, technological and financial support as needed.\u201d He also&hellip;<\/p>\n","protected":false},"author":57,"featured_media":64838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[28945,15023],"persona":[],"class_list":{"0":"post-65387","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-empg-announces-acquisition-of-lamudi-global-expands-into-philippines-indonesia-mexico","9":"tag-slider","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EMPG announces acquisition of Lamudi Global - Zameen News<\/title>\n<meta name=\"description\" content=\"Dubai: The Emerging Markets Property Group (EMPG), Zameen.com\u2019s parent company, on Tuesday announced the acquisition of Lamudi Global; which operates popular online businesses in the Philippines, Indonesia and Mexico.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/empg-announces-acquisition-lamudi-global-expands-philippines-indonesia-mexico.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EMPG announces acquisition of Lamudi Global - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Dubai: The Emerging Markets Property Group (EMPG), Zameen.com\u2019s parent company, on Tuesday announced the acquisition of Lamudi Global; which operates popular online businesses in the Philippines, Indonesia and Mexico.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/empg-announces-acquisition-lamudi-global-expands-philippines-indonesia-mexico.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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