99.co has picked up Indonesia-based property listings portal UrbanIndo to expand in Southeast Asia, allowing Gree Ventures to exit.
Digital media company Gree has exited Indonesia-based property listings portal UrbanIndo in an acquisition of undisclosed size by real estate portal 99.co, Tech in Asia reported on Sunday.
Founded in 2011, UrbanIndo operates an accommodation listings platform that advertises properties that are for sale or available to lease. It has about 1.2 million active property listings and includes new-build homes listed by their developers.
The company’s service will be integrated with 99’s property listings business in Singapore, allowing the latter…