Opendoor has laid off circa 300 employees in the same week that saw the American iBuyer record losses of $78 million in Q3 2024. The layoffs—around 17% of Opendoor's total...
Rumours of a big Adevinta breakup have gained further momentum with El Nacional reporting that new owners Permira and Blackstone want to grow and sell their Spanish marketplaces before 2030....
Realtor.com owner Move Inc. saw revenues dip slightly according to parent company News Corp's Q1 financial statement for the 2025 financial year. Highlights include: News Corp's Digital Real Estate Services...
OLX-Brazil has shifted fees from sellers to buyers for transactions closed on its marketplace after enacting a major pricing strategy change. OLX -Brazil's marketplace is the leading horizontal in the...
REA Group, the ASX-listed, Murdoch-backed marketplace giant, has released typically strong financial results for the first quarter of Australia's financial year for 2025. Highlights include: Revenues of A$413m (USD 272...
Opendoor has released its third-quarter numbers for the 2024 financial year. Highlights include: Revenues were $1.4 billion, up 41% versus Q3 2023 Net losses of $(78) million narrowed significantly compared...
American portal and brokerage operator Redfin racked up its fifteenth consecutive quarter of net losses with no end in sight for the beleaguered broker in this quarter's financial statement. Highlights...
This week's people roundup is all about the C-suite. We'll start with rumours of a leadership change at Adevinta... New CEO at Adevinta? Sources at Adevinta have hinted that...
In the same week that Rightmove announced strong financials and an uptick in ARPU, an independent piece of research revealed no shocks at the start of this week's Product and...
Rightmove has issued its first trading update since rejecting the final of four takeover offers by Australia's REA Group. The British portal giant revealed revenue of approximately £390 million but...
American real estate giant Zillow says it exceeded expectations in its Q3 2024 filing released yesterday. Highlights include: Year-on-year revenue growth of 17% to $581 million was above the midpoint...
"One thing readers might not know is just how competitive the real estate agency market in Northern Ireland is. You’ll find agencies offering premium, white-glove services at a fraction of...
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