CoStar Group has completed its acquisition of digital twin and spatial data specialist Matterport for $1.6 billion. The capture of Matterport, announced last year, is a major coup for CoStar,...
Matterport recorded net losses of $256.6 million in 2024 while total revenues rose 8% to $169.7 million, according to filings submitted this week. Highlights include: Q4 revenues hold steady at...
Rightmove, the UK's leading property portal, has released its trading update for the financial year 2024. The company saw resilient performance amid a recovering housing market with revenue of £390...
The Netherlands-based rentals marketplace HousingAnywhere will announce a new CEO imminently after Djordy Seelmann stepped down after ten years at the helm. Commenting on LinkedIn, Seelmann said: "After a decade,...
The market-leading German real estate portal operator Scout24 has reported robust financial performance for the fourth quarter and full year of 2024, achieving results at the upper end of its...
The Russian internet giant Yandex released its Q4 and full-year financial results for 2024 last week. Highlights include: Group revenue growth was 37% YoY in Q4 2024 Group revenue growth...
Axel Springer has appointed Vladimir Pravdivy, former CEO at Avito, as the new head of AVIV Group. Pravdivy replaces the outgoing Ait Voncke, who publicised his departure earlier this week....
Adevinta is seeking up to €6.5 billion (USD 6.8 million) in loans from to restructure and refinance its debt, according to Bloomberg. Bloomberg cited sources saying the company wants to...
Property chains are one of the biggest threats to a home move—with the potential to destroy a vast number of transactions at a moment's notice. Zoom into the UK and...
CoStar continues to be the biggest story in our industry as it pursues an aggressive M&A strategy across global markets. After acquiring and scaling Homes.com in its domestic American market—and...
This week's funding and investment roundup starts in Germany, where immowelt (part of the Aviv Group) has closed its third acquisition in a month... Europe: immowelt acquires financing broker...
This week's People Roundup starts in Singapore, where nearly 200 people have lost their jobs at PropertyGuru... Asia: PropertyGuru lays off 174 people after privatisation PropertyGuru has announced that...
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