Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1 billion for Rightmove on Monday —…
Posts published in “rea group”
Murdoch’s Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK’s largest real estate portal. Source:…
Zillow’s new product represents a new business model — from pay-per-lead to pay-per-listing — that mirrors the way profitable international peers monetize their market-leading positions. …
Portal competitors are shelling out big money in an effort to dethrone Zillow, but do they stand a realistic chance? Source: Inman News
Billions of dollars have been invested to disrupt the mortgage process — which is the path to profitability for many real estate tech companies. Source: Inman…
A new threat emerges that, while still a long shot, possesses the greatest potential to disrupt the dominant position of the portals. As billion-dollar behemoths…
Real estate portals benefit tremendously from network effects, which is the key factor that gives them unprecedented market power and an impregnable moat to repel competition.…
Being the place where consumers go to start their property search, even with alternate options, often yields more effective results. Take a closer look at…
Move and REA Group raked in $18 million, but increased investments in Opcity diminished News Corp’s overall quarterly revenue by 8 percent, according to an…