Lamudi co-founder Kian Moini has left his position as CEO after the business was acquired by Digital Classifieds Group (DCG) last month.
A LinkedIn post confirmed his departure.
"I am very proud about what Lamudi has accomplished to date with market leading positions in Indonesia, the Philippines and Mexico and the truly exceptional technology we have built particularly for the transactions side of the business.
"While there is still a long road of value-creation ahead, my mission has been accomplished and I am very glad to pass the business on to Digital Classifieds Group as operating shareholders knowing that Lamudi markets and technology will be the center of the group's attention.
"10 years of sweat. Mission accomplished."
DCG is now officially Asia's second-largest property portal operator after the acquisitions of Lamudi in Indonesia and the Philippines in October, and BProperty (Bangladesh) in January.
Sweden's leading property portal, Hemnet, has reported impressive financial results for the first quarter of 2025, showcasing the robust growth...
Read More
This week's Product Roundup is flush with some of the biggest names in global real estate. We'll start in Europe,...
Read More
U.S.-based iBuying firm Offerpad has received a notice from the New York Stock Exchange regarding non-compliance with continued listing standards....
Read More
Zillow has begun rolling out a major update to its search experience, moving away from a rule it once implemented...
Read More
