The newly public company revealed in U.S. Securities and Exchange Commission filings Tuesday that it expects to report $2.58 billion in revenue in 2020, down from the $4.7 billion in 2019.
Source: Inman News
Opendoor’s revenue plunged nearly 50% in 2020, according to SEC filing
More from eric wuMore posts in eric wu »
More from ibuyerMore posts in ibuyer »
More from Industry NewsMore posts in Industry News »
More from offerpadMore posts in offerpad »
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- He started the Opendoor stock rally. Now he wants the CEO out
- Opendoor grows revenue and trims losses in 2nd quarter rally
- Offerpad sees declining revenue, but trims losses during Q2
- ‘Meme stock’ surge lifts Opendoor out of delisting danger zone
More from opendoorMore posts in opendoor »
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Opendoor continues C-sweep with CFO swap
- Opendoor’s resurrection: Will there be an iBuyer afterlife?
- Here’s how much extra money you’d have if you invested $1K in Opendoor last month
- Opendoor announces new CEO: Shopify’s Kaz Nejatian
More from RedfinNowMore posts in RedfinNow »
- Redfin narrows losses amid rough Q2 as it braces for more turbulence
- As iBuyers struggle, agents rethink relationships with cash-offer kings
- Redfin sees losses soar in Q3 as it winds down iBuying program
- Redfin’s iBuyer expands into Florida among the hottest US markets
- Power Buyer clients made 1 offer on average. Traditional buyers? 7
More from SelectMore posts in Select »
- What real estate agents can learn from TikTok, Tylenol and Disney
- Democrats seek transparency into Fannie, Freddie ‘reprivatization’
- Former agent convicted of swindling woman out of her home
- Is fall the new spring? Market winds may be shifting, NAR says
- I’ve studied real estate marketing for 31 years. Here are 7 essentials for effective marketing campaigns
More from Social Capital IIMore posts in Social Capital II »
More from SPACMore posts in SPAC »
- Better shares soar on bullish thesis by activist investor Eric Jackson
- Here’s how much extra money you’d have if you invested $1K in Opendoor last month
- Better shares plunge more than 90% in Nasdaq debut
- After setbacks, Better goes public with plan to scale ‘greater heights’
- ‘Substantial doubt’ that WeWork can stay afloat, company says
More from TechnologyMore posts in Technology »
More from Zillow OffersMore posts in Zillow Offers »
- Compass CEO Reffkin continues anti-Zillow social media blitz
- As iBuyers struggle, agents rethink relationships with cash-offer kings
- Zillow CEO Rich Barton: ‘The real pain is probably coming’
- Ribbon suspends cash offer service, working on new tools for spring
- It’s the disruption, stupid! Redfin Now and the end of iBuying as we know it
Be First to Comment