Thursday, February 25, 2010

Do you know who own

Do you know who owned ( or Mudah Classified; as some Malaysian prefer to called that website) is a website with a simple idea: buy and sell basically everything and find jobs, cars for sale, houses for sale, mobile phones for sale, computers for sale, and properties for sale in Malaysia. Some says owned by A Singaporean and Swedish. With over 510839 ads online everyday, Google Page Rank 5, Alexa world ranking at 2,909 and top ten Alexa ranking in Malaysia. certainly one trading place that everyone should be looking into. exactly owned by 701Search Pte Ltd, a Singaporean Company owned by young Singaporean entrepreneur. 701Search Pte Ltd was incorporated in September 2006 and was set up by Singapore Press Holdings and Schibsted to develop online businesses in this region. In July 2007, 701Search Pte Ltd set up its first overseas subsidiary, 701Search Sdn Bhd. The company, which obtained Multimedia Super Corridor (MSC) status in Malaysia launched its online classifieds website, in November 2007. Within 9 months, the website established itself as Malaysia's No. 1 buy and sell website.

Schibsted ASA through its subsidiary Schibsted Classified Media (SCM) is currently the biggest online classified advertising company in Europe. It has activities in mature markets such as Belgium, France, Spain and Sweden, as well as operations in growth markets like Asia, Eastern Europe and Latin America. In Europe, SCM runs leading classified websites in Austria (, Belgium (, Finland (, France (, Greece (, Hungary (, Italy (, Portugal (, Spain (, Sweden ( and Switzerland ( The Asian operations are controlled by 701Search Pte Ltd (701Search), a Singapore-based joint venture between SPH and Schibsted. The Asian websites include Indonesia (, Malaysia ( and Philippines (

The company established its Philippines office in November 2008 and launched its online classifieds website, (Tagalog for "Ok Here") in March 2009. And like its Malaysian sister website, has very quickly gained a loyal following and is well on its way to become the preferred buy and sell website in the Philippines.
In Malaysia, Shylendra A.S. Nathan is the General Manager of the Malaysia operations. In once the advertisements published they are conveniently organized into Location (i.e. states, regions and/or provinces), For Sale or Wanted and a variety of product categories. For a quick locate an advertisement, there are basic wide card search and advanced category dependent search criteria. Once the Advertisement is found, it can be added to Favorites for future quick reference. All advertisers' contact details are hidden on request and they block unwanted spam where possible.

For me, is like Malaysia online flea market. You just need to beware that there is conman, fraudster, scammer and cheater among thousands of genuine seller. The list of fraud case rise every year. Some of the coin and currency on sale in mudah is selling at a ridiculous price or make no sense at all. 1 ringgit 1971 coin sale for RM5K? Or even an old square coin(malaya & british borneo one cent coin) on sale for 900 ringgit. To anyone who do collecting will be laughing at the advertisement. But the owner should implemented some method where the seller is rated, to make sure only reputable seller keep on doing sale in their website. I try to find information about in Wikipedia but I cannot found any.