Cross category online classified Quikr merges CommonFloor with QuickrHomes

Q.  Cross category online classified Quikr has indicated that it is merging which company with its real estate vertical QuikrHomes?
- Published on 11 Jan 16

a. Common Home
b. Common Floor
c. Common Realty
d. Common Residences

ANSWER: Common Floor
 
Cross category online classifieds Quikr has announced a merger with CommonFloor.com with real estate vertical QuikrHomes. This is the 4th strategic move in the real estate category since the launch of QuikrHomes around 4 months ago. Merger is slated for completion within the next 2 to 3 months and will provide CommonFloor dot com access to Quikr’s 30 million customers and harness the potential of cross category nature of the platform. Company will operate both brands within the market. QuikrHomes currently connects customers from over 1000 cities and towns around India and helps conclude 2 lakh plus transactions per month. QuikrHomes is one of the key verticals for Quikr with around 35% of its revenue from the vertical. Common Floor has over 5 lakh active property listings from close to 200 cities and with 1 lakh residential projects listed.

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