Ringier AG and the great Philippine Summit Media have teamed up to form 'get Sold Corporation", a 50/50 joint venture that develops the online classifieds market in the Philippines.
The project offers a range of transactional online products and services and will initially focus on real estate.
For its flagship project, Get Sold Corperation launched www.MyProperty.ph, the Philippines' first online portal for real-estate buyers and sellers.
MyProperty.ph is by far the most comprehensive source of real estate information and the first of its kind in terms of content, scale, and relevance to industry. With just one click, buyers and sellers alike will be able to access property listings, real-estate news and network with other buyers, renters, lessors, and sellers.
The Philippines is indeed one of the fastest-growing markets in Southeast Asia and Ringier and its Mediaswiss subsidiary have well-established know-how in the field of online classified and directories.
By the way, besides China and Vietnam, the Philippines is the third country in the Asian region in which Ringier has business activities.