Saturday 25 March 2023

IPO SUCCESS: OHMYHOME FIRST SINGAPOREAN FIRM LISTED IN US THIS YEAR

KUALA LUMPUR, March 24 (Bernama) -- Ohmyhome Limited (Ohmyhome), a data-driven property technology (proptech) company, participated in the closing bell ceremony at the Nasdaq MarketSite in New York marking the success of its initial public offering (IPO) on March 21.

Ohmyhome is the first Singaporean company that has been listed in the United States (US) this year, and has made history by becoming the first women-only founded proptech company listed in the US. 

According to a statement, this achievement not only highlights Ohmyhome's exceptional growth and success but also underscores the significant strides made by women in the traditionally male-dominated field of property and technology.

Its Chief Executive Officer and Co-founder, Rhonda Wong and Chief Operating Officer and Co-founder, Race Wong, presided over the ceremony where they were joined by their families, employees, partners and investors to perform the customary ringing of the closing bell.

“Today marks a very significant milestone for us. Race and I are sisters. As a family of migrants, growing up, we moved homes 20 times.

“We understand the aspirations and disappointments that come with a home transaction and how that impacts a family, we know that home transactions must be handled with honesty and integrity. And that is exactly what Ohmyhome stands for,” said Rhonda.

Meanwhile, Race said: “We will continue to invest into building the future of property technology. Believe in us not just in the past and present, but in the future as we continue to take Ohmyhome to greater heights.”

Since its launch in 2016, Ohmyhome has transacted more than 11,600 properties through its platform and helped thousands of families sell or buy their homes with ease, speed and reliability.

With a data-driven and a customer-centric approach, Ohmyhome prioritises the needs of the customers by allowing homesellers to post their listings for free and sellers to connect with potential buyers directly.

-- BERNAMA

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