Rightmove has rejected a £5.6bn cash-and-stock takeover proposal from Australia’s REA Group REA Group, 62% owned by Rupert Murchoch's News Corp, had offered 705 pence per Rightmove share, representing a...
Australian challenger portal Homely has released its full-year results for 2024. Highlights include: 24% increase in membership revenue 12% increase in Vendor Paid Advertising (VPA) revenue in the first half...
A single chart may provide Zoopla and OnTheMarket the leverage needed to challenge Rightmove’s market leadership in the UK. The chart below illustrates the growth in ARPA (average revenue per...
It's a small funding roundup this week, with just one story for you... Placy.ai secures $1.1 million in pre-seed funding Placy.ai, a Cyprus-based startup that has developed an AI...
This week's people roundup starts in Sweden, where a major C-Suite operation is underway... Hemnet hires new CTO amid big leadership changes Swedish market-leading portal Hemnet has hired Hannah Lindqvist...
We have a hefty product roundup for you this week, starting in Australia... REA Group to launch innovation centre in India REA Group will open a global capability centre...
CoStar Group has voluntarily dismissed a lawsuit it filed against Guy Wolcott, the founder of Homesnap, of its own volition citing the "limited nature" of the rival product. CoStar acquired...
PropertyGuru Group has released its Q2 financial results for 2024. Highlights include: Revenue up 10% year-on-year to S$40.6 million (USD 31.3 million), from S$36.8 million in Q2 2023 Net losses...
The big news is that the REA group is thinking about acquiring Rightmove for a mooted GBP 4.4 Billion. In a relatively unorthodox way, they have announced that they are...
In October 2022 the Brazilian PropTech giant QuintoAndar followed up its acquisition of Navent's leading Mexican real estate portal Inmuebles24 with the purchase of number two player Vivanuncios from Adevinta—essentially...
Chinese portal giant KE Holdings (also known as Beike) has released its unaudited financial results for Q1 2024. Highlights for the New York Stock Exchange-listed company include: Revenues of RMB23.4...
Australian portal giant REA Group is considering a £4.4 billion takeover offer for the UK's market-leading real estate portal, Rightmove, with Deutsche Bank acting as the financial advisor to REA....
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