Belt Road straps self to real estate website firm

A screenshot of realestate.com.kh, which is owned by Digital Classifieds Group.
A screenshot of realestate.com.kh, which is owned by Digital Classifieds Group.

Belt Road Capital Management (BRCM) – a Mekong based private equity firm – announced yesterday it had invested $1.8 million into Digital Classifieds Group (DCG), the firm behind real estate website Realestate.com.kh.

Mathew Care, CEO of DCG, said in the press release that the company is reviewing a range of expansion opportunities, particularly in Cambodia, which has an urbanizing and increasingly online population.

 

“This additional capital gives DCG and Reastate.com.kh the ability to take on a much larger share of Cambodian and Southeast Asian online marketplace,” he said.