China's No. 1 international property website and IQI will merge to create Asia’s biggest proptech group, specialising in global new development properties, according to Australian Property News (23 July 2019). The new group, Juwai-IQI, will operate under the two separate brands: for online advertising and media services and IQI Global for project marketing, sales of property developments, and secondary market properties. executive chairman Georg Chmiel said the two companies are more valuable than apart. “ gives exposure to the market where up to half of all global property buyers originate from, and the IQI network is marketing and selling properties in many of the places where these buyers want to buy."