propertyguru

PropertyGuru pulls ASX float at last minute

The planned $400m IPO of PropertyGuru has just been put on hold indefinitely due to the uncertainty in the Australian IPO market. The float was positioned as the next ASX-listed unicorn, a potential $1 billion-plus listing on the Australian Securities Exchange. The portal has over 45,000 active agents who subscribe annually to listing their properties on the portal. The portal currently operates…

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