PropertyGuru to go public in merger with SPAC backed by Richard Li, Peter Thiel

Southeast Asian online realty company PropertyGuru on Friday agreed to go public through a merger with a blank-check firm backed by billionaires Richard Li and Peter Thiel, giving the combined company an equity value of about US$1.78 billion.

Founded in 2007, PropertyGuru currently hosts more than 2.8 million monthly real estate listings. It also serves 37 million property seekers a month and 49,000 active property agents across Indonesia, Malaysia, Singapore, Thailand and Vietnam.

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PropertyGuru to go public in merger with SPAC backed by Richard Li, Peter Thiel
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PropertyGuru to go public in merger with SPAC backed by Richard Li, Peter ThielREUTERS: Southeast Asian online realty company PropertyGuru on Friday (Jul 23) agreed to go public through a merger with a blank-check firm backed ...
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PropertyGuru to go public in merger with SPAC backed by Richard Li, Peter Thiel
La source: TODAYonline - 🏆 1. / 99 Lire la suite »

PropertyGuru to go public in merger with SPAC backed by Richard Li, Peter ThielREUTERS: Southeast Asian online realty company PropertyGuru on Friday (Jul 23) agreed to go public through a merger with a blank-check firm backed ...
La source: ChannelNewsAsia - 🏆 6. / 66 Lire la suite »