Rivals concerned as PEXA leverages monopoly to build lucrative data business
Rivals concerned as PEXA leverages monopoly to build lucrative data business
Electronic conveyancing monopoly PEXA (Property Services Australia Pty Ltd) is using the 54% margins on its platform revenue to buy up stakes in at least seven companies to build a valuable property sector data and valuations business, known as Digital Solutions, which its competitor claims could soon be worth up to $1 billion.
March 11, 2025
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