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Juwai.com Appoints Carrie Law and Georg Chmiel as CEO and Chairman

Juwai.com announced Carrie Law has become its CEO and Georg Chmiel its Chairman. The two are senior executives who helped make ASX-listed iProperty Group the No. 1 online property company in Asia and oversaw its acquisition in February 2016 for over $750 million by REA Group.

New CEO Carrie Law was most recently a senior international executive with the REA Group and the former General Manager of iProperty Group, which the REA Group acquired in February 2016.

At REA, she led a successful two-fold business transformation, locally in Hong Kong and regionally at Group level, and achieved strong revenue growth and profitability from her first year.

She has over 20 years of experience and strong business acumen providing effective total solutions for customers in real estate and media, including digital, social media, outdoor, print, and TV. She was awarded the Digital Marketer 2016 award by the Hong Kong Association of Integrated Marketing for her contribution to digital innovation for the real estate Industry.

“Juwai.com is already the biggest Chinese international property portal and can be even more successful. I look forward to working with the team to find new efficiencies, business models and revenue streams,” said Ms. Law.

Carrie Law, CEO of Juwai.com

“I’d like to see Juwai.com provide even more value than it does today to both consumers and customers through the smart application of digital and mobile technology in the unique Chinese ecosystem.”

Georg Chmiel is taking on the role of Chairman after having served as Director. He is also Chairman of ASX-listed iCar Asia.

Previously he was Managing Director of iProperty Group and remained with the company through its integration into the REA Group in the largest online advertising merger in ASEAN history.

He received the Asia Pacific Entrepreneurship Award in 2016 and the Top Outstanding Leaders Asia Award in 2015.

Mr Chmiel said, “Juwai.com’s great strengths include its leading market position in China, the strength of its brand, and strong consumer and customer demand.”

Georg Chmiel, Chairman of Juwai.com

“The latest data suggests Chinese buyers acquired AU$133.7 billion (US$101.4 billion) of international property last year, and that 2017 will rank among the top three years on record.”

Outgoing Chairman Richard Kuo will remain on the Board as a non-executive director.

“I believe that Georg and Carrie are the best people to lead the company going forward. Both bring a wealth of related experience and success in Asian property technology platform businesses to Juwai.com.” said Mr. Kuo.

“I don’t believe there is another executive anywhere more capable or more suited to help Juwai.com achieve its strategic goals over the next several years.

“During 2017, the board and executive team have implemented substantial change in the company, including further refining its strategy and business plan, and these two appointments are an essential part of ensuring Juwai.com remains the clear market leader.

“I would like to express the Board’s gratitude to our outgoing CEO. Charlie is a talented executive who has led the business through a crucial stage in its growth. I thank him for all of his efforts and wish him the very best.”

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