Global real estate classifieds player Lamudi (www.lamudi.com) continue their expansion on three continents at the same time. The platform is now also available in the Philippines, Peru, Ethiopia, Indonesia and Zambia, countries associated with increasingly flourishing economies and booming real estate industries, but also the online communities in these countries are rapidly growing. With reference to data published by the World Bank, Lamudi is moving into countries with rocketing internet user numbers. From 2009 to 2012, 866.139 new internet users were registered in Ethiopia, which is an increase of 200% since 2009. Furthermore, the size of the online communities in Zambia, the Philippines and Indonesia has more than doubled in these three years, due to a growing affluent middle class.
Jeremy Hodara, Co-CEO African Internet Holding, commented on the expansion that: "Expanding Lamudi in both Zambia and Ethiopia is a fantastic step forward for the company. Currently our services are available in nine countries throughout Africa, and with the new addition of these two it will strengthen further plans for expansion. We have seen huge interest in classifieds within Africa, which only highlights how important a continent it is to fully penetrate."
Lamudi has been steadily growing in the North African country of Morocco (www.lamudi.ma). The surge of success merely indicates how the country's usage of online searching has increased significantly over the past couple of years. Statistics published by Internet World Stats demonstrates how over the last 14 years internet penetration in Morocco has risen significantly. In 2000 saw 0.3% of the population online, whereas now the figure is 49%, which proves how rapidly the internet is taking over.
Leo Dubert, Managing Director at Lamudi Morocco, commented that: "The growth we have been seeing here in Morocco has been tremendous. Currently we are expected to expand further over the upcoming months which proves how well Moroccans have adapted to the platform."
Whether people are looking for properties for rent or for sale, the internet platform enables customers to easily find or sell their house, apartment, commercial property or land online. At the same time, property providers and agents get a trusted online presence through a personalized webpage. Key characteristics of Lamudi are its diverse property offers, the intuitive website set-up and the high security standards to avoid fraud. The business platform operates under a high level of transparency through professional photos, updated listings, detailed descriptions, reports and rankings for 100% of its properties in each market. The Lamudi platform helps brokers to manage their inventory fast, easy and stress-free.
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About Lamudi
Lamudi was founded in 2013 and 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. Its real estate marketplace offers sellers, buyers, landlords and renters the ideal platform to find homes, land and commercial properties online. For more information please visit www.lamudi.com
© Press Release 2014
