Conservative E-House Spruces Up With Modest Acquisition

Purchase of real estate data and services provider Tianji for $46 million is in line with approach that has kept company profitable through turbulent times Key Takeaways: E-House’s latest modest acquisition is in line with its longer-term conservative approach in China’s real estate services market That approach could protect the company from market volatility, but could also lead to its irrelevance as it gets overtaken by more aggressive peers By Doug Young China’s property market has boomed over the last two decades on the back of the country’s huge economic…

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