Dear ERA Teammates,
This morning, the media is abuzz with how ERA is strengthening its overall technological capabilities in emerging technologies.
Under ERA Digital Lab initiative, we have invested S$1 million in 3-year interest-free convertible notes, with an option to convert into shares, into predictive AI and Proptech Startup – Dots Connected Pte Ltd – which will provide over 17,818 ERA teammates across Asia Pacific region access to real-time and precise residential market data.
As real estate salespersons are facing the rising threat of technological disruptions, the digital lab is a platform for the company to collaborate with innovative tech companies to enhance productivity, raise professionalism and build stronger client relationships.
This investment marks a significant step for ERA to provide up-to-date solutions to support the ever-changing needs of modern real estate salespersons and customers. ERA CEO Jack Chua also takes this opportunity to reiterate the company’s goal to empower ERA salespersons by enabling the intelligent edge, with artificial intelligence for the next frontier of innovation in Singapore and across the Asia Pacific region.
The Business Times: https://www.businesstimes.com.sg/real-estate/apac-realty-invests-in-proptech-startup
Singapore Business Review: https://sbr.com.sg/residential-property/more-news/apac-realty-invest-1m-in-firm-behind-proptech-startup-urbanzoom
The Edge Singapore: https://www.theedgesingapore.com/apac-realty-invests-1-mil-proptech-firm-behind-urbanzoom
International Business Times: https://www.google.com/amp/s/amp.ibtimes.sg/apac-realty-invest-predictive-ai-proptech-startup-under-its-digital-lab-initiative-31220
Yahoo News: https://sg.news.yahoo.com/amphtml/apac-realty-invests-1-mil-100125554.html
Yahoo Finance: https://sg.finance.yahoo.com/amphtml/news/apac-realty-invests-1-mil-100125554.html
Shenton Wire: https://shentonwire.net/2019/06/10/apac-realty-to-invest-in-urbanzoom-parent-for-big-data-based-residential-price-estimates/
Deal Street Asia: https://www.dealstreetasia.com/stories/apac-realty-dots-connected-139325/
