One of QuintoAndar's co-founders has announced his departure from day-to-day operations at the company. André Penha co-founded the Brazilian Proptech giant alongside fellow Stanford Gabriel Braga in 2012 and served...
A federal district judge has denied a request by Realtor.com parent Move Inc. in its ongoing lawsuit against rival portal operator CoStar. Judge George H. Wu, of the U.S. District Court...
Rightmove's Board of Directors has rejected a third takeover bid from the Murdoch-controlled Australian portal operator REA Group. The British real estate marketplace company released a brief statement to the...
Homegate and Immoscout24, the market-leading real estate portals in Switzerland, have been accused of more exploitative money-making schemes after introducing paid subscriptions for tenants. The two portals, owned by Swiss...
The UK number two real estate portal Zoopla has reported a profit of circa £18.8 million in 2023 after two years of sustained losses. Zoopla lost £17.8 million in 2021...
Australia's REA Group has improved its offer for UK market leader Rightmove—the third bid in less than a month—as it pursues an ambitious takeover of the portal. The latest offer,...
This week's investment roundup features a strategic move in India and a nice funding round for a tenant-friendly platform... Aurum Proptech ups its stake in CRM Sell.do Aurum Proptech,...
This week's product roundup starts controversially with a data leak in Japan... Lifull apologises for data leak by unauthorised party Lifull released a statement yesterday saying it discovered unauthorised...
Axel Springer has confirmed a major split of its news and classifieds divisions a matter of days after The Financial Times reported a deal was being discussed. Under the new...
News emerged over the weekend that Axel Springer may be open to a major split of its major two segments with its international media business remaining under the ownership of...
Australia's REA Group is expected to return to Rightmove with an improved bid for the portal, according to reports. Rightmove unanimously rejected a £5.6bn buyout offer on 10 September, five...
"If we start compromising on quality by allowing too much low-quality supply onto the platform, our brand will suffer. If we don’t continue building tech that scales and feels delightful,...
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