CEO RJ Pittman says Matterport "delivered outstanding third quarter results" last week, as the digital-twin expert released its latest interim financial results. Highlights include: Total revenue hits record $38.0 million,...
The U.S. real estate brokerage and marketplace operator Redfin has announced that it will shutter its iBuying business and lay off more than 800 employees after its net losses exceed...
Digital real estate marketplace DOSS—the creator behind an AI solution that makes transactions easier for buyers, renters, and sellers—has received funding from Amazon's VC arm, the Amazon Alexa fund. Doss...
CEO Richard Barton says Zillow made the right decision in shutting down its iBuying business last year after the portal giant posted a $53m loss in its Q3 results, published...
Zillow has laid off another 300 members of staff and put 200,000 square feet of office space up for sublease in the biggest round of job losses since the portal...
The U.S. real estate giant CoStar has released its results for the third quarter of the financial year 2022. Highlights of the company's performance for the three months that ended...
The worrying trend for layoffs in the US has continued with Portland-based vacation rental platform Vacasa cutting 280 jobs—three percent of its total workforce. Meanwhile, a struggling housing market in...
A federal court judge has ruled that Zillow must hand over data around its for-sale-by-owner (FSBO) listings to REX in a fresh blow to the portal's legal battle against the...
Zillow has partly shaken off a lawsuit against IBM after a court ruled that the portal had not breached patent law in response to IBM's claims that Zillow had used...
BidMyListing, a US-based platform that connects sellers with real estate agents who then "bid" for the chance to sell their home, has raised $15m to scale its expansion. The funding...
Product launches are coming thick and fast—here are three we spotted this week... Wikicasa - Property Valuations Wikicasa has launched an automated valuation tool that runs on images. Homeowners...
There have been some high-profile moves in the real estate industry in the past week. Here's the breakdown courtesy of Online Marketplaces. Zoopla Head of Research Gráinne Gilmore has...
