Rocket Internet-backed real estate ad site Lamudi has launched in Ethiopia and Zambia in Africa making the platform available in eleven African markets as it moves towards global expansion.
Away from Africa, Rocket has also launched in the Philippines, Peru, and Indonesia, countries the firm says are associated with increasingly flourishing economies and booming real estate industries and have rapidly growing online communities.
Founded in 2013, Lamudi is currently available in Algeria, Bangladesh, Colombia, Ethiopia, Ghana, Indonesia, Kenya, Mexico, Morocco, Myanmar, Nigeria, Pakistan, Peru, Philippines, Rwanda, Saudi Arabia, Tanzania, Tunisia, Uganda and in Zambia. The platform offers a paid for agents/ brokers real estate marketplace for homes, land and commercial properties online.
Lamudi is backed by Rocket Internet, MTN and Millicom.
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