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Business deals

Singapore's PropertyGuru to acquire Malaysia and Thailand rivals

Real estate portal follows Grab and Gojek with Southeast Asia's latest megadeal

Despite the pandemic-triggered global economic downturn, the residential real estate markets in Singapore and other cities have been heating up.   © Reuters
DYLAN LOH, Nikkei staff writer | ASEAN

SINGAPORE -- Singapore's PropertyGuru plans to acquire rival platforms in Malaysia and Thailand in a bid to cement its position as Southeast Asia's dominant online housing marketplace.

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