Singapore, 18 April 2011 – Mudah.my, an online marketplace operated by 701Search Pte Ltd, a joint venture between Singapore Press Holdings Limited and Schibsted ASA, is now the second most visited website in Malaysia, just after Facebook.
Based on the latest official rankings published jointly by the Malaysian Digital Association (“MDA”) and ratings agency, Effective Measures, Mudah.my has overtaken much more established global giants, like Google and Yahoo, to clinch the second place with unique visitor counts of more than 4.5 million in March 2011.
Launched only in November 2007, Mudah.my is now the largest online marketplace in Malaysia. The service allows anyone to buy and sell in his or her region conveniently, without the need for a physical shop front or a registered company. The simplicity of the site, coupled with good user experience and the potential of making a good deal, ensures visitors return to the website to buy, sell or find a variety of items.
Commenting on Mudah.my’s latest achievement, Mr Julian Tan, CEO of 701Search said, “I am immensely proud to see Mudah.my gain popularity to become the second most visited website in Malaysia. It is a great achievement for a young company like us; and this is due to the hard work of the team in Mudah.my. I strongly believe we will ride on this achievement and continue to scale new heights, breaking new records."
Issued by Singapore Press Holdings Ltd
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Singapore Press Holdings Limited
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About 701Search Pte Ltd
701Search Pte Ltd is a joint venture between Southeast Asia's leading media organisation Singapore Press Holdings and Norwegian media group Schibsted. It is a new media company specialising in online marketplaces for the Asia- Pacific region. The service allows anyone to buy and sell in his or her region conveniently in a very simple manner.
Headquartered in Singapore, the company currently operates online classifieds in Malaysia (mudah.my), Philippines (ayosdito.ph), Indonesia (berniaga.com) and Australia (dinkos.com.au).
Launched in November 2007, mudah.my is now the largest online marketplace in Malaysia with more than 4.6 million unique visitors and 390 million pageviews per month. Ayosdito.ph is one of the top local websites in the Philippines with over 2 million unique visitors and 70 million pageviews per month. Berniaga.com which was launched just over a year ago is fast becoming one of the major online classifieds site in Indonesia, attracting nearly 2 million unique visitors per month. Recently, 701Search launched dinkos.com.au for the Australian market.
About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Southeast Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms.
Newspapers, Magazines and Book Publishing
In Singapore, SPH publishes 18 newspaper titles in four languages. Every day, 3 million individuals or 77 per cent of people above 15 years old, read one of SPH's news publications. SPH also publishes and produces more than 100 magazine titles in Singapore and the region, covering a broad range of interests from lifestyle to information technology. SPH's subsidiaries, Straits Times Press and Focus Publishing, produce quality books and periodicals in English and Chinese.
Internet and Mobile
Beyond print, the Internet editions of SPH newspapers enjoy over 263 million page views with 18 million unique visitors every month. Apart from SPH AsiaOne portal, SPH's online and new media initiatives include an online marketplace for products, services and employment, ST701; Stomp, omy.sg, and The Straits Times RazorTV.
SPH has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today. In the radio business, SPH has an 80 per cent stake in SPH UnionWorks Pte Ltd, which operates entertainment stations Radio 100.3 in Chinese and 91.3FM in English.
Events and Outdoor Advertising
SPH’s events subsidiary Sphere Exhibits organises innovative consumer and trade events and exhibitions. In addition, SPH has ventured into out-of-home (OOH) advertising through its wholly-owned subsidiary, SPH MediaBoxOffice Pte Ltd, Singapore’s leading Digital Out-of-Home advertising company.
SPH owns and manages Paragon, the prime retail and office complex in the heart of Orchard Road, Singapore's main shopping belt. Its latest retail development, The Clementi Mall, started business operations in 2011. SPH's wholly-owned subsidiary, Times Development Pte Ltd, has also developed a 43-storey upmarket residential condominium, Sky@eleven, at Thomson Road.