the next rea group?

some recent articles:

http://www.fool.com.au/2013/10/07/is-iproperty-the-next-rea-group/

http://www.propertyportalwatch.com/2013/10/iproperty-malaysia-named-digital-media-company-of-the-year-2013/

Also - REA mentioned international expansion again in their Annual Report, any chance they have been the one accumulating this since June? Combine the businesses in HK, then have an instant footprint in Malaysia, Indo and fightback in Singapore.

If they don't do something soon, it may get too expensive for them!