Zillow Group exceeded the company's outlook for revenue and adjusted EBITDA in its Q1 filings released yesterday. Highlights include: Q1 revenues hit $529 million, up 13% YoY Net losses widened...
Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged home sellers a fee to list on its portal and...
The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8 million) Net loss totalled S$5.5 million (US$4.2 million), or $0.20...
Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with the likes of REA Group-owned realestate.com.au, and Domain, says this...
Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter of 2024 in its first public statement since it sold...
The rental portal operator Rent.com.au has released a report on its activities for Q3 of the Australian financial year. Highlights include: Record revenue for the quarter, A$890,000 (USD 584k) represent...
Schibsted, the Norwegian conglomerate that operates marketplaces in the Nordics, Europe and Latin America, has released its Q1 2024 numbers as it waits for a significant cash injection once it...
Adevinta has received regulatory approval for its imminent acquisition by Aurelia Bidco Norway, comprised of the Permira and Blackstone consortium. A press release circulated last week says the settlement of...
This week's hiring roundup is shorter, but our two stories both come straight from the C-suite. Lamudi Philippines hires new COO Lamudi Philippines, which is owned by the Australia-based...
This week's funding roundup includes another iBuyer that is no longer an iBuyer, and an interesting marketplace for the older generation... French proptech Zefir raises $11.75M amid iBuying U-turn Zefir,...
The portal wars accelerated in earnest in this week's product roundup, while we've spotted two more "money-focused" updates from Dubizzle and the Spanish proptech Homming. Zillow launches ad campaign...
In a major change to the industry, home sellers in the United States will no longer be required to offer a commission to a buyer’s agent when they sell their...
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