Real estate companies, Juwai.com, and IQI Global, announced that they would merge to form Juwai-IQI, a global proptech group which specializes in new development properties.
With the merger, the two companies will be able to leverage both online marketing and offline sales capabilities for new developments.
The new group, Juwai-IQI, will operate under the two separate entities: Juwai.com for online advertising and media services, and IQI Global for project marketing, sales of property developments, and secondary market properties. In addition to offering access to greater China, its platform will offer real estate agents access to potential property buyers in Southeast Asia and the Middle East where these regions are the world's biggest source for cross-border buyers.
