Add-on Acquisition • Internet Software and Services

99.co Acquires UrbanIndo

On January 22, 2018, 99.co acquired internet software and services company UrbanIndo

Acquisition Context
  • This is 99.co’s 1st transaction in the Internet Software and Services sector.
  • This is 99.co’s 1st transaction in Indonesia.

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M&A Deal Summary

Date January 22, 2018
Target UrbanIndo
Sector Internet Software and Services
Buyer(s) 99.co
Deal Type Add-on Acquisition

Target Company

UrbanIndo

Bandung, Indonesia
UrbanIndo is an online real estate marketplace for buying and selling of properties. UrbanIndo was founded in 2011 and is based in Bandung, Indonesia.
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Buyer Overview 1

Buyer

99.co

Singapore, Singapore

Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

99.co is an online platform that allows users to buy and rent apartments, villas, houses, and rooms. The company combines design-driven tools, geolocation technology, and market data to help consumers and agents make smarter property decisions. 99.co was established in 2013 and is based in Singapore, Singapore.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Indonesia 1 of 1
Year: 2018 1 of 1