Ohmyhome Ltd. (
NASDAQ: OMH,
“
Ohmyhome”, “the
Company”), a
one-stop-shop property technology platform providing end-to-end
property solutions and services for buying, selling, renting, and
renovating homes, is pleased to announce a partnership with
eMediaLinks, a Bellevue, Washington-based global real estate
marketing company who has an exclusive partnership with
house.sina.com in North America and with the North America division
of Weibo, one of the largest social networks in the
Mandarin-speaking community globally, with 599 million monthly
active users and 258 million average daily active users as of June
2023.
According to the U.S. Department of States,
there are more than 4,500 U.S. companies registered in Singapore
and the United States is the largest foreign investor in Singapore,
with about $270 billion in direct investments. The bilateral free
trade agreement (FTA) with Singapore has also made Singapore the
US’s largest trading partner in Southeast Asia, supporting
approximately 215,000 American jobs.
This Partnership enables Ohmyhome to market
properties and investment opportunities in Southeast Asia to a vast
audience of interested buyers through house.sina.com and Weibo
North America. The Partnership further connects Ohmyhome to the
global stage and allows its customers to explore properties in the
USA, and allows homeowners and agents from the US to market to
potential Singapore buyers.
The international portal is now live and accessible via:
http://sinaweiborealestate.com/ohmyhome-north-America/
Rhonda Wong, CEO of
Ohmyhome, said “With the ever changing
geopolitical dynamics and shifting of global supply chain, we are
seeing increasing interests from customers looking to move their
businesses and homes outside of their home country in the
post-pandemic world. As Southeast Asia continues to be a hotspot
for business and investment, we are proud to partner with
eMediaLinks and Weibo North America, a leading social media network
amongst the Mandarin-speaking users globally, to accelerate demand
and boost business opportunities for Ohmyhome. For customers who
are interested in properties in Singapore, and Malaysia, you will
be serviced by our experienced and dedicated team to help you
through a seamless experience from the start to the end of your
property purchase or investments.”
This partnership is expected to contribute to
Ohmyhome’s sales revenue in Singapore’s private residential
segment. Revenue per transaction in the private market is
significantly larger than in the HDB market, and therefore is
expected to contribute to revenue growth and accelerate the
company’s path to profitability.
Matt Bonds, Founder and CEO of
eMediaLinks shared “As Southeast Asia continues to
be a hotspot for business and investment, we are proud to partner
with Ohmyhome, the leading property transactions technology
SuperApp in SouthEast Asia, to accelerate property demand in the
USA. Our customers who are interested in properties in SouthEast
Asia can now be serviced by an experienced and dedicated company
from the start to the end of their property purchase and
investments.”
About
Ohmyhome
Ohmyhome is a one-stop-shop property technology
platform in Singapore that provides end-to-end property solutions
and services for buying, selling, renting, and renovating homes.
Since its launch in 2016, Ohmyhome has transacted over 14,500
properties. It is also the highest-rated property transaction
platform, with more than 8,000 genuine reviews with an average
rating of 4.9 out of 5 stars.
Today, Ohmyhome is the first Singaporean company
listed in the US in 2023 and the first women-only founded Proptech
company listed in the US.
Ohmyhome is dedicated to bringing speed, ease,
and reliability to property-related services and to becoming the
most trusted and comprehensive property solution for everyone.
For more information, visit:
https://ohmyhome.com/en-sg/
About Weibo
Weibo is a leading social media for people to
create, share and discover content online. Weibo combines the means
of public self-expression in real time with a powerful platform for
social interaction, content aggregation and content distribution.
Any user can create and post a feed and attach multi-media and
long-form content. User relationships on Weibo may be asymmetric;
any user can follow any other user and add comments to a feed while
reposting. This simple, asymmetric and distributed nature of Weibo
allows an original feed to become a live viral conversation
stream.
Weibo enables its advertising and marketing
customers to promote their brands, products and services to users.
Weibo offers a wide range of advertising and marketing solutions to
companies of all sizes. The Company generates a substantial
majority of its revenues from the sale of advertising and marketing
services, including the sale of social display advertisement and
promoted marketing offerings. Designed with a "mobile first"
philosophy, Weibo displays content in a simple information feed
format and offers native advertisement that conform to the
information feed on its platform. To support the mobile format,
Weibo has developed and has been continuously refining its social
interest graph recommendation engine, which enables its customers
to perform people marketing and target audiences based on user
demographics, social relationships, interests and behaviors, to
achieve greater relevance, engagement and marketing
effectiveness.
Safe Harbor Statement
This press release contains forward-looking
statements. In addition, from time to time, we or our
representatives may make forward-looking statements orally or in
writing. We base these forward-looking statements on our
expectations and projections about future events, which we derive
from the information currently available to us. Such
forward-looking statements relate to future events or our future
performance, including: our financial performance and projections;
our growth in revenue and earnings; and our business prospects and
opportunities. You can identify forward-looking statements by those
that are not historical in nature, particularly those that use
terminology such as “may,” “should,” “expects,” “anticipates,”
“contemplates,” “estimates,” “believes,” “plans,” “projected,”
“predicts,” “potential,” or “hopes” or the negative of these or
similar terms. In evaluating these forward-looking statements, you
should consider various factors, including: our ability to change
the direction of the Company; our ability to keep pace with new
technology and changing market needs; and the competitive
environment of our business. These and other factors may cause our
actual results to differ materially from any forward-looking
statement.
Forward-looking statements are only predictions.
The forward-looking events discussed in this press release and
other statements made from time to time by us or our
representatives, may not occur, and actual events and results may
differ materially and are subject to risks, uncertainties, and
assumptions about us. We are not obligated to publicly update or
revise any forward-looking statement, whether as a result of
uncertainties and assumptions, the forward-looking events discussed
in this press release and other statements made from time to time
by us or our representatives might not occur.
For more information
Investor Contact:Skyline
Corporate Communications Group, LLCScott Powell, PresidentOne
Rockefeller Plaza, 11th FloorNew York, NY 10020 USAOffice:
(646) 893-5835 x2Email: info@skylineccg.com
Visit the Investor Relation
Website: ir.ohmyhome.com
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