The first quarter results are in for Juwai.com, China’s largest international real estate portal. Here’s a look at the numbers.
In the first quarter of 2017, Juwai.com facilitated $13.8 billion USD worth of property purchases by Chinese buyers, a 35% increase over the $10.2 billion USD worth of property purchased in the first quarter of 2016.
The majority of Juwai.com users are searching for properties in the United States (37%), Australia (24%), and Canada (15%).
The top five cities searched by Juwai.com users are Los Angeles, New York, Sydney, Melbourne, and Toronto.
Chinese buyers are most interested in purchasing residential property (94%), followed by commercial property (3%), and land (3%).
The average budget for a Juwai.com user is $1.06 million USD.
The majority of Juwai.com users are between the ages of 25 and 34 (32%), followed by those between the ages of 35 and 44 (30%).
The average income of a Juwai.com user is $173,000 USD.
So, what do these numbers tell us?
This is in line with the overall trend of Chinese investment in overseas real estate, which has been on the rise in recent years.
Second, they show that the United States, Australia, and Canada are still the most popular destinations for Chinese buyers. This is not surprising, given the large number of Chinese immigrants in these countries and the strong economic ties between China and these countries.
This indicates that Chinese investors are diversifying their portfolios and
2) Juwai Results: What the Numbers Mean
It’s been a little while since we released our last set of quarterly results, and a lot has happened since then. We’re excited to share our latest results with you and talk about what the numbers mean.
Overall, it was a strong quarter for Juwai. We saw healthy growth in both our top and bottom line numbers. Our revenue was up 36% year-over-year, and our Adjusted EBITDA was up even more, growing by 58%.
There are a few key factors driving this growth. First, we’re seeing more and more Chinese buyers searching for properties on Juwai.com. In the past quarter, we had over 10 million unique visitors to our website, which is up 23% from the same quarter last year.
Second, we’re seeing more leads being generated and converted into sales. In the past quarter, we generated over $1.3 billion in sales leads, which is up 43% from the same quarter last year. And of those leads, we converted $700 million into actual sales, which is up 33% from the same quarter last year.
Lastly, we’re seeing our agents and developers becoming more efficient at converting leads into sales. Our Average Revenue per User (ARPU) was up 8% year-over-year, which means that our users are generating more revenue for themselves and Juwai.
Looking ahead, we’re confident that we can continue to grow at a healthy pace. We’re invested in several growth initiatives, including expanding our team, investing in marketing, and building out our technology platform. We’re also seeing more and more interest from Chinese buyers in other markets around the world, so we’re looking to expand our reach in the coming quarters.
All in all, it was a strong quarter for Juwai, and we’re looking forward to continued growth in the months and years ahead.
3) Juwai Results: How the Numbers Compare
The Juwai team recently crunched the numbers to see how their marketing efforts have been performing. Here’s a look at how the numbers compare.
In the first quarter of 2018, Juwai’s paid traffic grew by 47% year-on-year. This growth was driven by a combination of increased investment in SEO and SEM, as well as improved performance of existing channels.
Paid traffic now accounts for 21% of all traffic to Juwai.com, up from 18% in the same period last year.
organic traffic grew by 37% year-on-year, driven by improved rankings in Google and other search engines.
Organic traffic now accounts for 79% of all traffic to Juwai.com, up from 82% in the same period last year.
The team attributes the growth in paid traffic to the increased investment in SEO and SEM, as well as the improved performance of existing channels.
Paid traffic now accounts for 21% of all traffic to Juwai.com, up from 18% in the same period last year.
4) Juwai Results: The Bottom Line
With so many different options on the market, it can be tough to know which one is right for you. However, when it comes to choosing a real estate agent in China, there are really only four that stand out from the rest: Juwai, Qfang, Lianjia, and 5i5j.
Juwai is the largest and most popular real estate agent in China, with over 10 million listings on its website. They offer a wide range of services, including property management, rental listings, and homebuying assistance.
Qfang is another large real estate agent in China, with over 7 million listings on their website. They offer similar services to Juwai, including property management, rental listings, and homebuying assistance.
Lianjia is a smaller real estate agent in China, with just over 3 million listings on their website. They offer a more limited range of services, but their homebuying assistance is particularly noteworthy.
5i5j is the smallest real estate agent in China, with just over 1 million listings on their website. They don’t offer as many services as the other agents, but they’re a good option if you’re looking for a simple way to buy or sell a property in China.
