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News Corp (ASX:NWS) has expanded into India’s digital real estate sector through a $US30 million acquisition.The diversified media company has bought a 25 per cent stake in the parent company of PropTiger.com.PropTiger.com is described as a leading digital real estate marketing platform through which more than $US1 billion of property has been bought by Indian homebuyersNews Corp says the investment will complement and build on the strength of its businesses which include news, book publishing and digital real estate.The company estimates India will have a $US158 billion residential real estate market by 2020.News Corp reported a net profit of $312 million in the full 2014 financial year.
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Last
$51.77 |
Change
-0.140(0.27%) |
Mkt cap ! $1.870B | |||
| Open | High | Low | Value | Volume |
| $51.88 | $51.88 | $51.13 | $4.879M | 94.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 228 | $51.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.81 | 228 | 4 |
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| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| NWS (ASX) Chart |