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 Asiaʼs biggest proptech group specialised in global new development properties, according to a report by Focus Malaysia (26 July 2019). This is the first time a major real estate portal has merged with a major real estate group with thousands of agents. Georg Chmiel, Executive Chairman of Juwai.com, said, “Juwai.com 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 such as Southeast Asia."