Discover 99.co’s plans for Indonesia’s real estate market at TIA Jakarta 2017

Indonesia’s real estate market got just what it needed when property platform 99.co launched in the country. Seasoned entrepreneur and investor Darius Cheung brought his Singapore-based real estate startup to the streets of Jakarta and Surabaya – with his years of experience in both the startup and real estate scenes making him the perfect expert to inject some life into the country’s property market.

Next week on November 1, Darius will be sharing his insights on the latest industry trends, strategies, and future plans for 99.co during a fireside chat at Tech in Asia Jakarta 2017.

From security to shelter

As co-founder of mobile security startup tenCube, Darius was one of the first entrepreneurs who saw the value in user privacy. Throughout his five-year tenure as CEO of tenCube, he successfully expanded the startup’s operations to two countries. Security tech company McAfee eventually took notice and acquired the startup in 2010.

The acquisition only fueled his passion to pursue further efforts in startup management. After tenCube’s success, Darius founded startups like BillPin (a bill-sharing mobile startup) and Homie (a roommate-matching service), both of which paved the way for his entry into real estate.

In 2014, he co-founded 99.co to combat the frustration of real estate buying and renting in Singapore.

Not long after, the startup catapulted to fame in Singapore, successfully competing with both other startups and the archaic practices of the real-estate industry. Similar to Airbnb (only longer term), the service allows users to hunt for long-term real estate vacancies and, likewise, post vacancies themselves.

Finding a second home

With Singapore’s success already in sight, 99.co foresaw opportunities beyond the country. Earlier this year, they officially launched their operations in two Indonesian cities, Jakarta and Surabaya after operating in the archipelago since 2015. The expansion also increases 99.co’s scope where they can now provide data analytics and real-estate tools for users.

Just four months after their official launch in Indonesia, they successfully raised US$7.9m in fresh funding. The funds will mostly go to improving their services in their Singaporean and Indonesian operations. However, the growing startup has also expressed interest in expanding to two more (still undetermined) markets in Southeast Asia.

Their launch and subsequent expansion coincides with other real estate startups aiming to revitalize the aging marketplace. 99.co, however, is confident that their focus on absolute transparency of details will enable them to stay ahead of the game.

Learn what’s next for 99.co

If you want to find out what 99.co has in store for the local real estate market, Darius’ fireside chat on November 1 is a can’t miss. Darius will be joining dozens of other high-profile speakers across multiple industries at Tech in Asia Jakarta 2017, where you can attend fireside chats, discuss the latest trends, and network with 5,000 tech fans.

Only 6 days left to get your tickets!