{"id":98923,"date":"2023-01-30T08:52:49","date_gmt":"2023-01-30T08:52:49","guid":{"rendered":"https:\/\/www.onlinemarketplaces.com\/articles\/\/"},"modified":"2024-01-02T14:57:48","modified_gmt":"2024-01-02T14:57:48","slug":"digital-classifieds-group-acquires-leading-bangladeshi-real-estate-portal-bproperty-from-empg","status":"publish","type":"post","link":"https:\/\/www.onlinemarketplaces.com\/articles\/digital-classifieds-group-acquires-leading-bangladeshi-real-estate-portal-bproperty-from-empg\/","title":{"rendered":"Digital Classifieds Group Acquires Leading Bangladeshi Real Estate Portal Bproperty from EMPG"},"content":{"rendered":"<p>The Australia-based online classifieds operator Digital Classifieds Group (DCG) has acquired the leading Bangladeshi real estate portal Bproperty from Emerging Marketplaces Group (EMPG) for an undisclosed sum.<\/p>\n<p>According to a press release, the transaction will see DCG double its revenue and grow its headcount to over 550.<\/p>\n<p>The deal will also see EMPG become substantial shareholders in DCG with current Bproperty CEO, Mark Nosworthy joining DCG's Board of Directors.<\/p>\n<blockquote><p>\"<span class=\"s15\">I'm\u00a0<\/span><span class=\"s15\">thrilled<\/span><span class=\"s15\">\u00a0that through this transaction, we will continue to see\u00a0<\/span><span class=\"s15\">Bproperty<\/span><span class=\"s15\"> grow in Bangladesh as well as work collaboratively with DCG\u2019s other markets to cement its position as Australia\u2019s leading operator of property classifieds in Asian frontier markets,<\/span><span class=\"s15\">\u201d said Nosworthy.<\/span><span class=\"s6\">\u00a0<\/span><\/p><\/blockquote>\n<p>DCG now operates in portals in five markets and is a stakeholder in Thailand-based FazWaz.<\/p>\n<p><span data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\n&lt;div class=&quot;wpdt-c wdt-skin-light&quot;&gt;\n    \n&lt;input type=&quot;hidden&quot; id=&quot;wdtNonceFrontendEdit_293&quot; 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  <!-- Table header -->\n        \n<thead>\n<tr>\n                    <th\n        data-class=\"expand\"                class=\" wdtheader sort \"\n        style=\"\">Portal<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">Type<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">Country<\/th>        <th\n                        class=\" wdtheader sort \"\n        style=\"\">Founded<\/th>    <\/tr>\n<\/thead>\n        <!-- \/Table header -->\n\n        <!-- Table body -->\n        \n<tbody>\n            <tr id=\"table_293_row_0\">\n                            <td style=\"\">Lamudi ID<\/td>\n                            <td style=\"\">Real Estate<\/td>\n                            <td style=\"\">Indonesia<\/td>\n                            <td style=\"\">2013<\/td>\n                    <\/tr>\n                <tr id=\"table_293_row_1\">\n                            <td style=\"\">Lamudi PH<\/td>\n                            <td style=\"\">Real Estate<\/td>\n                            <td style=\"\">Philippines<\/td>\n                            <td style=\"\">2013<\/td>\n                    <\/tr>\n                <tr id=\"table_293_row_2\">\n                            <td style=\"\">Bproperty<\/td>\n                            <td style=\"\">Real Estate<\/td>\n                            <td style=\"\">Bangladesh<\/td>\n                            <td style=\"\">2016<\/td>\n                    <\/tr>\n                <tr id=\"table_293_row_3\">\n                            <td style=\"\">Realestate.com.kh<\/td>\n                            <td style=\"\">Real Estate<\/td>\n                            <td style=\"\">Cambodia<\/td>\n                            <td style=\"\">2009<\/td>\n                    <\/tr>\n                <tr id=\"table_293_row_4\">\n                            <td style=\"\">Banlao<\/td>\n                            <td style=\"\">Real Estate<\/td>\n                            <td style=\"\">Laos<\/td>\n                            <td style=\"\">2015<\/td>\n                    <\/tr>\n                <tr id=\"table_293_row_5\">\n                            <td style=\"\">Yula.la<\/td>\n                            <td style=\"\">Generalist<\/td>\n                            <td style=\"\">Laos<\/td>\n                            <td style=\"\">2012<\/td>\n                    <\/tr>\n                <tr id=\"table_293_row_6\">\n                            <td style=\"\">Property.com.fj<\/td>\n                            <td style=\"\">Real Estate<\/td>\n                            <td style=\"\">Fiji<\/td>\n                            <td style=\"\">2014<\/td>\n                    <\/tr>\n                <tr id=\"table_293_row_7\">\n                            <td style=\"\">Hausples<\/td>\n                            <td style=\"\">Real Estate<\/td>\n                            <td style=\"\">Papua New Guinea<\/td>\n                            <td style=\"\">2013<\/td>\n                    <\/tr>\n                <tr id=\"table_293_row_8\">\n                            <td style=\"\">Marketmeri<\/td>\n                            <td style=\"\">Generalist<\/td>\n                            <td style=\"\">Papua New Guinea<\/td>\n                            <td style=\"\">2013<\/td>\n                    <\/tr>\n    <\/tbody>        <!-- \/Table body -->\n\n        <!-- Table footer -->\n        \n        <!-- \/Table footer -->\n\n    <\/table>\n\n<\/div><style>\ntable.wpDataTable { table-layout: fixed !important; }\ntable.wpDataTable td, table.wpDataTable th { white-space: normal !important; }\ntable.wpDataTable td.numdata { text-align: right !important; }\n<\/style>\n<style>\n<\/style>\n<style>\n            \/* th background color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-293 thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-293 > thead > tr > th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-293 thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-293 thead th.sorting {\n        background-color: #061564 !important;\n        background-image: none !important;\n    }\n                \/* th font color *\/\n    .wpdt-c.wpDataTablesWrapper table.wpdtSimpleTable.bt[data-has-header='1'] td.wpdt-header-classes,\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-293 thead th,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-293 thead th {\n        color: #FFFFFF !important;\n    }\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-293 thead th.sorting:after,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-293 thead th.sorting_asc:after {\n        border-bottom-color: #FFFFFF !important;\n    }\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-293 thead th.sorting_desc:after {\n        border-top-color: #FFFFFF !important;\n    }\n                \n                                    \/* table font size *\/\n    .wpdt-c.wpDataTablesWrapper table#wpdtSimpleTable-293,\n    .wpdt-c .wpDataTablesWrapper table.wpDataTable.wpDataTableID-293 {\n        font-size:15px !important;\n    }\n            \n                <\/style>\n<\/span><\/p>\n<p>The entrance into Bangladesh is a significant milestone for the company with the country becoming the group's largest market with DCG Group CEO Matthew Care looking forward to working with Nosworthy and the Bproperty team.<\/p>\n<blockquote><p><span class=\"s15\">\u201cWe have long been impressed by the<\/span><span class=\"s15\">\u00a0Bproperty<\/span><span class=\"s15\">\u00a0operations in Bangladesh where they have single-handedly created the dominant classifieds and transactional property marketplace<\/span><span class=\"s15\">.<\/span><span class=\"s15\">\u201d he said.<\/span><\/p>\n<p><span class=\"s15\">\u201c<\/span><span class=\"s15\">I\u00a0<\/span><span class=\"s15\">wholeheartedly<\/span><span class=\"s15\">\u00a0welcome the\u00a0<\/span><span class=\"s15\">Bproperty<\/span><span class=\"s15\">\u00a0team to the DCG family and\u00a0<\/span><span class=\"s15\">look<\/span><span class=\"s15\">\u00a0forward to working with Mark so we can learn from his undeniable experience to help our upward growth. We look forward to the shared learnings within our teams in all markets.\u201d\u00a0<\/span><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australia-based online classifieds operator Digital Classifieds Group (DCG) has acquired the leading Bangladeshi real estate portal Bproperty from Emerging Marketplaces Group (EMPG) for an undisclosed sum. According to a press release, the transaction will see DCG double its revenue and grow its headcount to over 550. The deal will also see EMPG become substantial [&hellip;]<\/p>\n","protected":false},"author":129,"featured_media":98924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"inline_featured_image":false,"footnotes":""},"categories":[11,47],"tags":[541,626],"class_list":["post-98923","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","category-property","tag-bproperty","tag-digital-classifieds-group"],"_links":{"self":[{"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/posts\/98923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/users\/129"}],"replies":[{"embeddable":true,"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/comments?post=98923"}],"version-history":[{"count":0,"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/posts\/98923\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/media\/98924"}],"wp:attachment":[{"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/media?parent=98923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/categories?post=98923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.onlinemarketplaces.com\/wp-json\/wp\/v2\/tags?post=98923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}