Purplebricks is set to lay off around 90 employees in a planned restructuring exercise, according to a source close to the company. The source told Property Industry Eye that the...
This week's people roundup includes rumours of major changes at Zoopla, and a familiar face trading in Australia for Spain... Major Zoopla management reshuffle imminent? UK number two real...
An impressed Andy Florance has hailed "ten years of work" completed in ten months at OnTheMarket (OTM), the British challenger portal his company CoStar Group purchased for circa $120 million...
In an exclusive interview with Online Marketplaces, Andy Florance—CEO and founder at American real estate giant CoStar Group—said that the real estate portal landscape in the United Kingdom is set...
In an unsurprising move, the Rightmove Board rejected the unsolicited fourth acquisition offer from the REA Group this morning and earlier this afternoon, REA Group confirmed it was giving up its...
Rightmove has once again "unanimously" rejected a takeover bid from Australia's REA Group, its fourth this month, reaffirming that the implied offer price of 775 pence per share (valuing Rightmove...
We have a big product roundup for you this week. We'll start with a fun one in Spain, and a television advert featuring professional footballers... Europe: Fotocasa brings in...
REA Group has made a fourth bid to take over the British portal operator Rightmove as time runs out for a deal to be agreed. An REA statement released this...
This week's investment and funding roundup starts with an acquisition in the UK... AI-Enabled marketplace Dwelly acquires Lime Property Dwelly, an AI-enabled letting and property management marketplace, has expanded...
The UK number two real estate portal Zoopla has reported a profit of circa £18.8 million in 2023 after two years of sustained losses. Zoopla had lost £17.8 million deficit...
Australia's REA Group has improved its offer for UK market leader Rightmove—the third bid in less than a month—as it pursues an ambitious takeover of the portal. The latest offer,...
This week's product roundup starts controversially with a data leak in Japan... Lifull apologises for data leak by unauthorised party Lifull released a statement yesterday saying it discovered unauthorised...
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