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Rocket Internet’s online property listings firm Lamudi has hit six months today with presence in 25 countries in Africa, Asia and South America and over 250,000 properties listed on site, representing a 100% increase from February of this year.
Kenyan-based Aneesa Arshad, CEO of Lamudi East & Southern Africa was particuly impressed about the firms growth, launching in 25 countries and directly employing 300 people.
In a statement she said: “In six months we have grown to a strong global network with over 300 employees across 25 countries worldwide. In Kenya, we started with a small core team and have become the number one platform for real estate in the country. We will continue this growth story and develop even faster in the next six months.”
Lamudi, which recently raised $7 million for its Asian expansion says it aims to show everyone how easy it is to find properties online and shape the classifieds market in Africa by offering a superior product. Arshad says they want everyone who looks for a new home – whether its individuals, landlords or businesses to find them on their site despite the cut throat competition that is growing up in East Africa’s real estate listing market with global giants ramping up their African services with more cash.
