Quek Siu Rui, CEO of Carousell, has blamed himself for being "too optimistic" in a company-wide email that confirmed up to 110 employees would lose their jobs as part of...
Mumbai-based startup Blox—a technology-based real estate buying platform—has raised $12m from its Series A funding round as the proptech looks to snap up new opportunities in the booming Indian real...
Failed British challenger portal Boomin owes nearly £10 million to creditors and employees. The portal founded by ex-Purple Bricks entrepreneurs Michael and Kenny Bruce last week resolved to wind up...
Swiss-based media company Ringier AG—owner of around 130 subsidiary businesses including real estate online marketplaces—has agreed to acquire almost 100% of the shares of Ringier One Africa Media (ROAM) to...
Hot after news that UK-based Giraffe360 and Finnish iBuyer Rive each completed multi-million funding rounds, two more companies have announced successful investments of their own. Here's the breakdown: Peruvian...
The Mortgage Advice Bureau (MAB) has written off its £2.5m investment in Boomin, the UK portal that went bust last month, with the company's share price plummeting from 620p on...
British property portals Zoopla and OnTheMarket have ruled out enacting price breaks for agents struggling with the cost of living crisis and a cooling housing market. In an interview with...
The publicly traded U.S. iBuyer Opendoor has announced a management and boardroom reshuffle which the company says will allow it to focus on growing out is capabilities as a marketplace....
The American real estate data and marketplace giant CoStar Group has confirmed that it has laid off "approximately 100" employees from its nascent residential segment. A statement on the matter...
The Southeast Asian general classifieds player Carousell generated $49.5 million in revenue and a $43.9 million pre-tax loss in 2021. Although not as eye-catching as 2020's growth percentages, the Singapore-based...
The cash has been officially splashed for two exciting startups—with a total of €36m stumped up for Giraffe360 in the UK and Rive in Finland. UK-Based "no-brainer" Giraffe360 Raises...
CoStar CEO Andy Florance says that his company will not change its business model to go after agent commissions once it is established as a residential real estate portal player...
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