Australia's REA Group is expected to return to Rightmove with an improved bid for the portal, according to reports. Rightmove unanimously rejected a £5.6bn buyout offer on 10 September, five...
"If we start compromising on quality by allowing too much low-quality supply onto the platform, our brand will suffer. If we don’t continue building tech that scales and feels delightful,...
Reuters and The Financial Times have suggested that Axel Springer, a stakeholder in several European real estate marketplace businesses, is in talks to split up its business to investment firm...
We only spotted one significant funding round this week. Well done Plaza... Brazilian AI Assistant Plaza secures $1 million in pre-seed funding Plaza, a proptech startup in Brazil that...
Here are the biggest and best product and service updates we've spotted this week, starting in the UK... UK: Rightmove announces partnership with Women in Estate Agency Rightmove has agreed...
This week's people roundup is short and sharp, just how we like it. Here's what we found... REA restructure includes executive re-hire REA Group has instigated a corporate reshuffle...
The Irish market-leading portal Daft may be up for sale. According to anonymous sources who spoke to Reuters last week, the portal—which is partly owned by Distilled and Adevinta—is in...
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...
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