Juwai IQI, closed 2023 remarkably well by achieving $3 billion in sales and expanding its agent network by one third to 40,000 worldwide.
The company completed 42,814 transactions and paid $95 million in commissions to agents during the year. In Malaysia, it moved into its new Global Command Centre. Internationally, it increased its global footprint with the opening of its 52nd worldwide office.
Kashif Ansari, Co-Founder and Group CEO of Juwai IQI, said, “Despite inflation, high interest rates, and geopolitical tensions in the world, Juwai IQI managed to expand, close transactions, and recruit new agents in 2023. We completed nearly twice as many transactions in 2023 as we did in 2020, at the pandemic’s on-set. That year, our transaction count was 22,000.“Last year, we paid out commissions of $260,000 per day, on average.
Recently the company began rolling out network of Juwai Centres to facilitate outbound Chinese direct investment. Welcomed new residential offices in Canada, Japan, India, and Brunei, among others. And rolled out AI-powered enhancements tor tech platform. All these accomplishments it said will contribute to growth in 2024.
