Wu Bo new venture capital projects in the United States and Australia 50 million yuan


technology news March 21st noon news, Wu Bo start new projects overseas real estate business website in the US Australia announced the completion of the A round of financing, the financing amount of $50 million, led by the DCM investment institutions involved in financing investment, also includes the Xu Xiaoping brothers fund it real fund and Taishan. It is reported that Xu Xiaoping and Taishan brothers fund has also participated in the United States and Australia millions of angel round investment.

is home to the United States and Australia overseas real estate e-commerce platform, through the US Australia ranks, overseas Real Estate Company can not go through the line agency, provided directly to consumers Chinese cheap, high quality and affordable houses using the internet.

, the United States and Australia to the user completely free of charge for overseas developers, the first year is free of charge, there is no shop fees, no deposit, the developer sold the house directly to consumers." Wu Bo hopes to break through this model of asymmetric information, so that domestic buyers benefit, at the same time, the United States and Australia will be the developer of the qualification review to ensure the interests of consumers."

site has attracted dozens of developers in Australia and the United States to participate in cooperation, the number of listings included in the background has exceeded 10 thousand sets. According to Wu Bo’s plan, the business is expected to spread all over the world in three months, bringing together the sale of real estate on the five continents.

statistics show that more than half of the existing users in the United States and Australia, 55% from Beijing, Shanghai, Guangdong and Zhejiang in the region, in addition to nearly 2 of the users from overseas. (Lin Ming)