New chinese overseas portal claims 100,000 visitors since launch

LuckyWu.com, a business that claims to be the first dedicated overseas property portal for the Chinese buyer market has racked up 100,000 visitors in its first six weeks of trading according to the company’s managing director.

Launched on 15th September, the portal which translates as “lucky house” in English lists just over 1000 properties mainly from the UK but with a few hundred in the US and Caribbean.

International MD Sherry Madera believes the company has found a gap in the market.

“When we looked at the property portal market in China the big players do a great job in the domestic market but their international listings are generally old and out of date. Our system allows agents and developers to update their listings via their XML feeds”.

Source: GlobalEdge.co.uk