E-commerce giants Alibaba and JD.com are aggressively expanding their activities into real estate by developing online property marketing platforms. As the South China Morning Post reports, traditional property agents in China are beginning to feel the pressure:
"They [Alibaba and JD.com] are certainly a threat," said Andy Lee Yiu-chi, chief executive of Centaline Property Agency for southern China.
"Internet companies are penetrating every aspect of the business; it is an inevitable trend, so we must react to it, and embrace it."
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Last
$233.97 |
Change
-1.370(0.58%) |
Mkt cap ! $30.91B | |||
| Open | High | Low | Value | Volume |
| $235.00 | $236.17 | $233.84 | $100.2M | 428.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2230 | $233.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $234.60 | 100 | 1 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| REA (ASX) Chart |