News Corp invests $30 million in Indian property website

Nicholas Wallwork

Nicholas Wallwork

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It has today been revealed that News Corporation, Rupert Murdoch’s multi-faceted media operation, has acquired a $30 million stake in Indian property start-up company PropTiger. This is the latest in a number of online investments by large media companies with many experts suggesting real estate websites could be something of a goldmine in the future. [...]

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