• Juwai has partnered with Tencent, China's largest internet company, to create a new and expansive real estate marketplace for Chinese buyers and sellers.
  • Tencent will host the marketplace, and Juwai will handle user inquiries, and connect them to listing agents for the properties they're interested in.

Over the past year, Juwai has expanded its reach by partnering with other real estate brokerages and companies, such as Sotheby’s International Realty and Builders Digital Experience, to further establish its place as the No. 1 resource for Chinese buyers across the globe.

The company has added one more partner to its list — Tencent, China’s largest internet company that hosts the country’s versions of WhatsApp, Facebook, Spotify, Kindle and Apple Pay.

Tencent and Juwai announcing the partnership in Beijing.

Yu Kai and Charles Pittar announcing Tencent and Juwai’s new partnership.

On Dec. 21, Juwai and Tencent launched a new global real estate marketplace at Tencent’s annual Real Estate Summit in Beijing.

Select Juwai listings from areas spanning from North America, Europe and other parts of Asia, will now be available on Tencent’s QQ, a real estate platform that has more than 800 million users and more than 20 million daily views.

Tencent will continue to host the platform and push listings through its various services and platforms, and Juwai’s team will handle inquiries and connect buyers with listing agents.

“Juwai.com is now an important part of our real estate offering. By making Juwai.com’s international property content available to Tencent’s audience, Chinese consumers will be empowered to make informed investment decisions,” said Tencent General Manager Yu Kai in a press release.

“Over the last half decade or more, Chinese consumers have gone from being nearly invisible in international property markets to being the No. 1 buyers in almost every country and continent,” said Juwai.com CEO Charles Pittar of the $80 billion Chinese investors spent on foreign residential and commercial real estate in 2015.

“This is a great result for Chinese consumers who want to make international investments in an informed way. It’s also wonderful for our international clients who want to ensure they are accessing China in a broad and considered way.”

Email Marian McPherson

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×