PropertyGuru SPAC Presentation Deck
Risk Factors
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The risks presented below are certain of the general risks related to PropertyGuru's business, industry and ownership structure and are not exhaustive. The list below is qualified in its entirety by disclosures contained in future filings by
PropertyGuru, its affiliates or by third parties with the United States Securities and Exchange Commission ("SEC"). These risks speak only as of the date of the presentation, and neither PropertyGuru nor Bridgetown undertake any
obligation to update the disclosures contained herein. The risks highlighted in future filings with the SEC may differ significantly from and will be more extensive than those presented below. Additional risks related to PropertyGuru in
connection with and following the consummation of the Business Combination are described above under "Forward Looking Statements" and elsewhere under "Disclaimer". In making any investment decision, you should rely solely upon
independent investigations made by you. You acknowledge that you are not relying upon, and have not relied upon, any of the following summary of risks or any other statement, representation or warranty made by any person, firm or
corporation, other than the statements, representations and warranties of Bridgetown and the investee entity explicitly contained in any subscription agreement you enter into in connection with the contemplated investment, or any
investor presentation prepared in connection with such investment. You acknowledge that you have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in
PropertyGuru, and you have sought such accounting, legal and tax advice as you have considered necessary to make an informed investment decision.
Risks Related to Our Business and Our Industry
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We have a history of losses, and we may not achieve or maintain profitability in the future.
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Our proposed acquisition of REA's Malaysian and Thailand businesses is subject to certain closing conditions, including REA's divestment of its 27% interest in 99 Group, the operator of 99.co, iProperty.com.sg and rumah123.com
and may therefore never be consummated.
Our strategic investments and acquisitions may not bring us anticipated benefits, may pose integration challenges and may divert the attention of management, and we may not be successful in pursuing future investments and
acquisitions.
COVID-19 has adversely affected our business and may continue to adversely affect our business.
We may not be successful in implementing our growth strategies and our business could suffer if we do not successfully manage our growth.
If our customers do not make valuable contributions to our platform or fail to meet consumers' expectations, we may experience a decline in the number of consumers accessing our products and services and consumer
engagement, which could result in the loss of revenue.
Our business and operating results may be significantly impacted by general economic conditions and the health of the real estate industry in our Core Markets.
Our decision to launch new product or service offerings and increase the prices of our products and services may not achieve the desired results.
Our ability to attract, train and retain executives and other qualified employees is critical to our business, results of operations and future growth.
Our operating and financial results forecast relies in large part upon assumptions and analyses developed by us. If these assumptions or analyses prove to be incorrect, our actual operating results may be materially different from
our forecasted results.
We operate in a highly competitive and rapidly changing industry, which could impair our ability to attract users of our products, which could harm our business, results of operations and financial condition.
We do not have long-term contracts with most of our customers, and our customers may terminate their contracts on short notice.
Our business is dependent on our marketing efforts and ability to attract new, and retain existing, customers and consumers to our platform in a cost-effective manner.
We may not be able to attract a sufficient level of traffic to our websites.
Our operations and investments are located in South East Asia and we are therefore exposed to various risks inherent in operating and investing in the region.
If the methodologies we use to assess property values on our platform are inaccurate, it could have a material adverse effect on our business, sales and results of operation.View entire presentation