News and Announcements
REA Group Bids for Catcha Group’s iProperty
- Published November 09, 2015 2:47PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Grove hits it out of the park with REA-iProperty merger
Digital News Asia
AUSTRALIAN-based REA Group, which is 60%-owned by Rupert Murdoch’s News Corp, is making a bid to completely take over Malaysian-founded property portal company, iProperty Group, which is listed on the Australian Securities Exchange (ASX).
Describing the proposed deal as a “global game-changer” from a property sector point of view, on a personal level, Catcha Group Sdn Bhd founder and chairman Patrick Grove is also keen to stress his hopes that his latest deal “inspires other entrepreneurs to start great disruptive companies.”
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OTT
iflix Group CEO, Mark Britt presents an overview of OTT at CASBAA Convention 2015.
CASBAA is one of the content industry’s most important events in Asia. This year’s theme, ‘Making Waves’ focused on on innovation and the realities of convergence in the rapidly changing industry with the introduction of online, on-demand, and TV Everywhere services.
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Catch CEO Update
It has been an eventful month for Catcha Group companies, with many exciting developments coming to fruition, most notably REA’s bid for one of our most important assets. iProperty. We are very proud to be a part of the company’s inspiring journey from its humble startup beginnings to becoming the region’s leading network of property portals in just eight years since its inception. iflix, the newest member of the Catcha family, continues to cement its position as Southeast Asia’s leading Internet TV service, setting new subscriber and viewership records, as we look to launch in 10 new markets globally within the coming 6 months. Exciting times ahead!
Company Updates
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