CoStar Group has released strong financial results in the same week that it announced its intention to acquire Matterport for $1.6 billion. Highlights include: Monetization of Homes.com accelerates net sales...
Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY across several metrics. Highlights include: Net sales grew 33.3% to...
CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder approval. No timeframe has been specified but the deal is...
Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include: Full-year revenues rose 16% year-on-year, from 246 million Yuan in...
Indian-based Proptech platform and real estate marketplace Square Yards is in talks to raise $100 million ahead of flotation in 2026. Indian tech and startup news publication Inc42's exclusive, citing...
Alma Media has released a new-look financial analysis for its Q1 2024 results. Highlights include: Adjusted operating profit decreased by 5.2% in an uncertain operating environment. Revenues reach €76.2M, up...
This week's product roundup includes another great initiative from Domclick—the second in consecutive weeks. And interestingly, we've spotted three big moves in Germany in the past week alone. Meanwhile, it's...
US number two portal Realtor.com has announced a new marketing campaign that will champion the value and skills of independent buyer agents against the backdrop of industry-shifting lawsuits. Realtor.com's campaign...
Singapore is well known for its obsession with property and the market dynamics there are pretty unique... There can't be many markets in the world in which there are...
U.K. hybrid agency Strike, which acquired (and subsequently rebranded as) Purplebricks last year, recorded operating losses of $23.5M according to filings submitted to Companies House on 11 April 2024. Highlights...
South Korean portal operator ZigBang boosted its sales by an impressive 47% YoY worth approximately $93.8M, according to a 2023 audit. However, operating losses grew to KRW40.8 billion ($29.5M)—driven by...
We have spotted some C-suite comings and going this week, starting with... Fang CFO resigns Peng Cui has resigned from his position as CFO at Chinese portal Fang to...
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