Juwai.com, the leading Chinese website for buyers of overseas property, and IQI Global, the top real estate network in Southeast Asia and the Middle East, announced they would merge to create Asia's biggest proptech group specialised in global new development properties, stated a report by Kopiandproperty (23 July 2019). This is the first time a major real estate portal has merged with a major real estate group with thousands of agents. "We are combining two powerful Asian superbrands. We expect the combined group to be not only the largest global marketplace for real estate buyers from Asia, but also the most trusted," said Georg Chmiel, executive chairman of Juwai.com.