Seoulbased proptech Dongnae acquires coliving platform Dears | TechCrunch

Image for article Seoulbased proptech Dongnae acquires coliving platform Dears | TechCrunch

News Summary

  • Proptech startup Dongnae said Tuesday it plans to acquire Stevens a South Korean company that operates co living business Dears The two companies did not disclose the acquisition price but Dongnaa said it will purchase Stevens with a mix of cash and equity
  • DongnaE expects to close the transaction by the end of September
  • The addition of Dears will allow the company to upgrade the Dongnai FLEX service manage properties with a collective AUM of over million and span apartment complexes across Seoul and Pangyo
Proptech startupDongnae said Tuesday it plans to acquire Stevens, a South Korean company that operates coliving business Dears.The two companies did not disclose the acquisition price, but Dongna [+3453 chars]

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News image for article Seoulbased proptech Dongnae acquires coliving platform Dears | TechCrunch

Seoulbased proptech Dongnae acquires coliving platform Dears | TechCrunch

South Korean proptech company Dongnae is acquiring Stevens, a company that operates coliving business Dears.