Lamudi
{{short description|Online real estate marketplace}}
{{COI|date=August 2015}}
{{Infobox company
| name = Lamudi
| logo = Lamudi_Logo.png
| type = Private
| founded = 2013
| key_people = Paul Philipp Hermann (Co-Founder)
Kian Moini (Co-Founder)
| industry = Internet & real estate
| homepage = [http://www.lamudi.com/ www.lamudi.com]
}}
Lamudi is an online real estate marketplace with operations in 34 countries.{{cite web|url=http://www.techinasia.com/rocket-internets-real-estate-venture-lamudi-expands-pakistan-philippines/|title=Rocket Internet’s real estate venture Lamudi expands into Pakistan and the Philippines|author=TechInAsia|date=2014-01-30|accessdate=2014-01-30}}
History
Lamudi was founded by Rocket Internet in 2013.
Lamudi rebranded Vamido (Nigeria), Ubilista (Mexico) and Zamudi and House (Asia) into Lamudi in October 2013.{{cite web|url=http://businessdayonline.com/2013/10/vamido-repositions-becomes-lamudi/|title=Vamido repositions, becomes Lamudi|author=Business Day Online|date=2013-10-15|accessdate=2014-01-31}}{{cite web|url=http://pulsosocial.com/en/2014/01/30/lamudi-launches-mobile-friendly-website-says-app-is-in-the-making/|title=Lamudi Launches Mobile-Friendly Website, Says App is in the Making|author=Pulso Social|date=2014-01-30|accessdate=2014-01-31}}
In 2020, Lamudi was bought by EMPG, a property platform based in Dubai.{{cite web|url=https://www.techinasia.com/lamudi-indonesia-acquire-olx-group-real-estate-business|title=Lamudi buys OLX Indonesia’s real estate business|author=TechinAsia|date=2022-01-11}}
Operations
In October 2013, Lamudi launched operations in several parts of Asia, Africa and Latin America.{{cite web|url=https://techcrunch.com/2013/10/08/rocket-internet-launches-real-estate-listings-site-lamudi-in-asia-africa-and-latin-america/|title=Rocket Internet Launches Real-Estate Listings Site Lamudi In Asia, Africa And Latin America|author=Tech Crunch|date=2014-01-31|accessdate=2013-10-08}}
In 2014, Lamudi expanded its operations in Asia to Pakistan, the Philippines, Indonesia and Sri Lanka. The company's Asian operations were subsequently subject to a €5 million investment from the German Tengelmann Group and others.{{cite web|url=https://techcrunch.com/2014/04/14/lamudi-7m/|title=Rocket Internet’s Real-Estate Classifieds Platform, Lamudi, Bags $7M To Grow In Asia|author=Tech Crunch|date=2014-04-14|accessdate=2014-05-20}}
Rocket Internet had expanded Lamudi to MENA by launching Lamudi in Saudi Arabia and in Jordan in 2012 then in UAE in 2015.{{cite web|url=https://www.menabytes.com/bayut-lamudi/|title=Dubai’s Bayut acquires Rocket Internet’s property portal Lamudi in UAE, Saudi & Jordan to fuel its expansion across GCC|author=MENABytes|date=2019-04-09}}
Furthermore, the company is part of the Rocket Internet-Ooredoo deal and thus its Asian operations became part of the Asia Internet Holding.{{cite web|url=https://techcrunch.com/2014/04/23/rocket-internet-taps-qatars-ooredoo-in-new-fund-for-emerging-market-e-commerce-startups/|title=Rocket Internet Partners With Qatar’s Ooredoo In New Fund For Asian E-Commerce Startups|author=Tech Crunch|date=2014-04-23|accessdate=2014-05-20}} Other regions of Lamudi are apparently funded through MTN and Millicom.{{cite web|url=https://techcrunch.com/2013/12/20/rocketinternet-mtn/|title=Rocket Internet Partners With African Telecom Operator MTN To Invest $410M in Middle East Startups|author=Tech Crunch|date=2013-12-20|accessdate=2014-05-20}} Lamudi has also expanded in Africa, Latin America, and the Middle East. In September 2017, Lamudi announced cooperation with the Subdivision and Housing Developers Association (SHDA) to discuss the housing situation in the Philippines.{{Cite news|url=http://business.inquirer.net/237746/lamudi-partners-shda|title=Lamudi partners with SHDA|last=Ambas|first=Rodel Jr.|access-date=2017-10-06|language=en}}
Mobile
In January 2014, Lamudi launched a site for iOS and Android (operating system) mobile devices.{{cite web|url=http://sg.news.yahoo.com/rocket-internet-real-estate-venture-110041765.html|title=Rocket Internet’s real estate venture Lamudi expands into Pakistan and the Philippines|author=Yahoo! News|date=2014-01-30|accessdate=2014-01-31}}
In June 2014, Lamudi unveiled a world-first Android app, available in all 28 countries, to give international house-hunters a free mobile platform to buy, rent or sell real estate.
Lamudi also released an iOS app in Pakistan, Morocco, Mexico and Colombia. The following month, the iOS app was launched in 12 additional countries across Asia, Africa and Latin America.
In November 2014, Lamudi rolled out its iOS app for property seekers in a further 11 countries, [https://www.zawya.com/story/Lamudi_rolls_out_iOS_app_to_the_Middle_East-ZAWYA20150115045446/ including an Arabic version for the Middle East], making the mobile application available across the company's global network.
In December, Lamudi rolled out new responsive design to target mobile users in all countries in Asia, the Middle East, and Africa.
Publications
In October 2014, Lamudi Pakistan began publishing a magazine, Lamudi's Property Now, which deals with the real estate market in Pakistan. Later on Magazines have been rolled out to several additional markets.
Controversies
On 28 January 2014, Tech Moran (a Nairobi-based technology news website) reported that Lamudi was copying and pasting its competitors' property listings.{{cite web|url=http://techmoran.com/exclusive-rocket-internets-lamudi-africa-found-copying-pasting-its-competitors-property-listings/|title=Lamudi Exclusive: Rocket Internet’s Lamudi Africa Found Copying & Pasting {{sic|i|t’s|nolink=y}} Competitors Property Listings|author=Sam Wakoba|date=2014-01-28|accessdate=2014-02-04}}{{cite web|url=http://aimgroup.com/2014/01/29/rocket-internets-lamudi-accused-with-scraping-in-africa/|title=Rocket Internet’s Lamudi accused of scraping in Africa |author=AimGroup|date=2014-01-28|accessdate=2014-02-04}} Aneesa Arshad, CEO Lamudi East Africa commented on the allegations stating that many agents asked Lamudi Kenya to upload their listings and adds that some of the listings come from the agents and other agents refer them to BuyRentKenya where their listings already exist.
References
{{reflist|3}}
External links
- [http://www.Lamudi.com/ official website]
- [https://www.zameen.com/ Real Estate Portal Pakistan]
- [https://www.residency.pk/ Rental only property portal Pakistan]
- [https://www.lamudi.co.id/ Lamudi Indonesia]
{{Online real estate databases}}
{{DEFAULTSORT:Lamudi.com}}
Category:Real estate companies established in 2013
Category:Companies based in Berlin