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Article: HomeSeekers.com Invests In Global Chinese Property Portal, PP.com.
- Article from:
- Business Wire
- Article date:
- May 17, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
RENO, Nev.--(BUSINESS WIRE)--May 17, 2000
Strategic Investment in Global Chinese Property Portal Allows
Homeseekers.com to Increase Reach
HomeSeekers.com, Incorporated (NASDAQ:HMSK) announced today an agreement to acquire equity in, and enter into an operating agreement with, Hong Kong-based the Property Portal! Limited (PP.com). Salomon Smith Barney acted as advisor to HomeSeekers.com in this transaction.
HomeSeekers.com will receive equity in PP.com and provide technology targeted to advance the expansion of PP.com throughout China, Hong Kong, Taiwan, Singapore, Malaysia and Thailand. HomeSeekers.com will ...
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