CoStar Group has voluntarily dismissed a lawsuit it filed against Guy Wolcott, the founder of Homesnap, of its own volition citing the "limited nature" of the rival product. CoStar acquired...
PropertyGuru Group has released its Q2 financial results for 2024. Highlights include: Revenue up 10% year-on-year to S$40.6 million (USD 31.3 million), from S$36.8 million in Q2 2023 Net losses...
The big news is that the REA group is thinking about acquiring Rightmove for a mooted GBP 4.4 Billion. In a relatively unorthodox way, they have announced that they are...
In October 2022 the Brazilian PropTech giant QuintoAndar followed up its acquisition of Navent's leading Mexican real estate portal Inmuebles24 with the purchase of number two player Vivanuncios from Adevinta—essentially...
Chinese portal giant KE Holdings (also known as Beike) has released its unaudited financial results for Q1 2024. Highlights for the New York Stock Exchange-listed company include: Revenues of RMB23.4...
Australian portal giant REA Group is considering a £4.4 billion takeover offer for the UK's market-leading real estate portal, Rightmove, with Deutsche Bank acting as the financial advisor to REA....
Here is this week's funding and investments roundup. We'll start in the United States before focusing the rest of the roundup on Asia... HomeLight secures $20M for "buy before...
We have a wide-ranging product roundup for you this week. We'll start in Mexico... Propiedades launches tool for homes that match Mexico's federal housing financer's requirements Propiedades.com, Mexico's second-largest...
Revenues at Madrid-based international portal operator Idealista grew 18.8% YoY to €259million ($289 million) in 2023 according to files submitted to the Spanish government by Idealista Global, the parent company...
Russian real estate giant Cian has filed to redomicile itself in its home country. The portal, despite being a massive presence in Russia, is technically based in Cyprus under the...
Cecilia Beck-Friis has announced her resignation from the market-leading Swedish real estate portal Hemnet after seven years in the role. Beck-Friis informed Hemnet's board of directors this week that she...
Inman has reported that the former Move Inc. employee involved in a lawsuit between Realtor.com and CoStar accessed and transferred ownership of up to 40 individual files to his personal...
Everything you need to know about the proptech and real estate portal industry including news, analysis and reports. Find out about our renowned conferences that have been bringing together C-level leaders from around the world for 14 years.
