Greg Spencer | November 05, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
Zillow reported revenue of $657 million during the last quarter, down 12% year-on-year. The drop, caused by the pandemic’s impact on Zillow’s I-Buying division,... Tariq Ahmed Saeedi | November 04, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
South Korean No.3 real estate marketplace by traffic ZigBang.com has acquired Neighbor Ventures (이웃벤처), an operator of bathroom and kitchen cleaning services... Greg Spencer | October 28, 2020 | Real Estate, PropTech / IBuying
Zillow has quietly shed 80 staff from its I-Buying division, with the company explaining it is “realigning” resources rather than scaling back business. The cuts... Jacopo Natali | October 28, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
Two notable entrepreneurs have launched a new property rentals vertical in Malaysia. Patrick Grove, CEO at Southeast Asia-based internet investment... Tariq Ahmed Saeedi | October 27, 2020 | Real Estate, PropTech / IBuying
Bangladeshi property site BProperty.com, which is owned and operated by Emerging Markets Property Group (EMPG), has received a strong response to its virtual... Jacopo Natali | October 20, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
Singapore tech-based real estate agency Propseller recently reported raising $1.2 million U.S. in seed funding from several investors, including Dot Property... Jacopo Natali | October 16, 2020 | Real Estate, PropTech / IBuying
Singapore-based proptech group PropertyGuru has launched a new branding campaign for its financial vertical. PropertyGuru Finance, which launched in March, offers... Greg Spencer | October 16, 2020 | Real Estate, PropTech / IBuying
StreetEasy, the dominant real estate site in New York City, has launched an automatic home-valuation tool for property owners. The AI-powered tool estimates a... Ben Salisbury | October 16, 2020 | Real Estate, PropTech / IBuying, People
The former chairman of Rightmove, Scott Forbes, has become a director of Movebubble, a rentals platform and smartphone app based in London. Forbes (LinkedIn... Ben Salisbury | October 16, 2020 | Real Estate, PropTech / IBuying
As the U.K. enters yet another lockdown, Zoopla, the U.K.-based real estate vertical, said it will offer free virtual viewings for its agents. The company says the... Jacopo Natali | October 14, 2020 | PropTech / IBuying, Financials / Deals
TPG Asia has become a new shareholder of PropertyGuru Group, the Singapore-based prop-tech group. The move comes after Indonesian media group Emtek divested from... Greg Spencer | September 23, 2020 | Real Estate, PropTech / IBuying
After years of denying that it would ever get into the home-listing business, Zillow announced today that it plans to do just that. In three test markets —... Tariq Ahmed Saeedi | September 14, 2020 | PropTech / IBuying, Financials / Deals
Ga Technologies, a tech-intensive real estate business in Japan, managed to shield its business from Covid-19 challenges in the third quarter of FY2020, which... Dualta Mac Lochlainn | September 04, 2020 | Real Estate, PropTech / IBuying
Real Estate Alliance, a nationwide group of property professionals in Ireland, has launched a new platform dedicated to online auctions and sales in the country.... Cila Warncke | September 03, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
ProntoPiso.com, a Barcelona-based online property portal that guarantees owners a sale or cash within 90 days, has raised €1.6 million ($1.9 million U.S.) from... Jacopo Natali | September 02, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
PropertyGuru, one of the largest real estate marketplaces in Southeast Asia, raised $220 million U.S. in a recent funding round led by TPG and KKR. The company... Greg Spencer | August 28, 2020 | Real Estate, PropTech / IBuying
Zumper, a residential rental marketplace, has introduced a premium feature for small landlord-advertisers that compensates them when tenants miss rent payments.... Greg Spencer | August 20, 2020 | Real Estate, PropTech / IBuying
As part of a growing suite of services for newly-built homes, Zillow has rolled out builder ratings and reviews. The buyer-generated content will be displayed on... Greg Spencer | August 06, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
Zillow reported massively reduced revenue growth of just 28% for Q2 2020, with income down sharply for both its home-flipping and core advertising business. Total... Greg Spencer | August 04, 2020 | Real Estate, PropTech / IBuying
After shutting down in March due to Covid-19, Zillow’s IBuying arm, Zillow Offers, has resumed home purchases in all 24 of its pre-pandemic markets. The last... AIM Group | July 29, 2020 | Real Estate, PropTech / IBuying
By Patrick Kearns Inman News Zillow is expanding its self-touring pilot to all Zillow-owned homes this summer as the company aims to provide home-buying options... Ben Salisbury | July 28, 2020 | Real Estate, PropTech / IBuying, People
Zoopla, the U.K.-based real estate vertical, will recruit for 50 new roles on its product and technology team, which operates out of its London headquarters. The... Greg Spencer | July 23, 2020 | Real Estate, PropTech / IBuying
After spending years on the sidelines of the IBuying explosion in the U.S., Realtor.com has finally decided to get on the bandwagon. The No. 2 home-listings site... Tariq Ahmed Saeedi | July 08, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
Just a month after its launch, Dubai-based proptech startup NomadHomes has raised $4 million U.S. in seed funding. The seed funding round was led by Comcast... Tariq Ahmed Saeedi | July 08, 2020 | Real Estate, PropTech / IBuying
Emlakjet.com, a Turkey-based real estate marketplace, is growing its IBuying operations in an attempt to capitalize on the country's current economic situation,... Cila Warncke | June 29, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
Idealista.com, the Spain-based property portal that also operates in Italy and Portugal, has acquired two Italian technology companies for an undisclosed sum. The... Greg Spencer | June 24, 2020 | Real Estate, PropTech / IBuying, Financials / Deals
CoStar, the commercial real estate data giant, has closed its planned $190 million acquisition of auction platform Ten-X. The deal has raised concern among some... Marian Jacob | December 19, 2016 | Automotive, Real Estate, Horizontals, PropTech / IBuying, Financials / Deals
With a mission to become the leading operator of online classifieds businesses in frontier markets across the globe, Frontier Digital Ventures (FDV) injected fresh... Jacopo Natali | January 01, 1970 | Real Estate, PropTech / IBuying, Financials / Deals
Shareholders in PropertyGuru group have voted overwhelmingly in favor of a merger agreement paving the way for the Singapore-based real estate marketplace to... 
