Tag: Digital Classifieds Group

Indonesia – Digital Classifieds Group (DCG) has appointed Salvatore Britti as chief marketing officer, while Mohammad Rafatnejad has been named chief operating officer. 

Following the acquisition of the real estate marketplace Lamudi in Indonesia and the Philippines, as well as BProperty.com from Dubizzle Group (previously EMPG), DCG, based in Australia, has begun a leadership turnover.

Following Britti, who moved to his new capacity after nearly three years of managing DCG’s technology, R&D, and marketing projects, Rafatnejad took up the role following him in the succession.

Rafatnejad was previously the chief commercial officer at the listings marketplace Kaidee.com, which was acquired by the car marketplace Carro from EMPG at the time.

Rafatnejad also worked as a senior growth director at the Turkish real estate site Emlakjet.com. He graduated with honours from Allameh Tabataba’i University with a master’s degree in marketing management and Sharif University of Technology with a bachelor’s degree in materials engineering.

Britti has worked for DCG for more than nine years, where he focuses on marketing and product development.

He received a bachelor’s degree from John Cabot University with a major in marketing and a minor in communication after studying marketing at the University of Miami with a communication minor. 

Melbourne, Australia – Australian firm Digital Classifieds Group has announced the acquisition of online property marketplace Lamudi in the Philippines and Indonesia. This follows DCG’s recent acquisition of the Bangladeshi property marketplace portal Bproperty in January this year.

The consolidated group now operates real estate portals in 5 high-growth Asian markets, including Indonesia, the Philippines, Bangladesh, Cambodia, and Papua New Guinea and will see its global workforce grow to more than 900 staff.

The acquisition marks a major transition for DCG, having rapidly expanded over the last 12 months into Bangladesh, and now Indonesia and the Philippines. 

For the firm, with Southeast Asia expected to grow strongly in the next 5-10 years to become a leading region globally, and with market-leading portals in countries accessing over 600 million people, DCG is strongly positioned for growth in the coming years.

Mathew Care, group CEO at DCG, said, “Lamudi, under the stewardship of the dubizzle Group and the management team, have created dominant classifieds and transactional property marketplaces in two of Asia’s most exciting markets: Indonesia and the Philippines.”

He added, “Our vision is to build a market leading classifieds group in South East Asia, a region of incredible opportunities, and this acquisition is a catalyst to delivering this vision. I am incredibly excited to enter these markets and welcome the Lamudi team to the DCG family.”

Meanwhile, Kian Moini, founder and CEO at Lamudi, commented, “DCG and Lamudi have shared a similar vision for many years; to provide the best and most trusted platform to transact property in their respective markets. Both companies have delivered on this promise, and I’m confident that Lamudi will continue to achieve new highs under DCG. This is an exciting new chapter for Lamudi and our staff.”