Company News

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Houzz Raises USD 165 m to Transform Home Renovation around the World

Houzz has closed a $165 million financing led by early partner Sequoia with participation from existing investors Oren Zeev, New Enterprise Associates (NEA), GGV Capital and Kleiner Perkins Caufield & Byers (KPCB), as well as new participants DST Global and T. Rowe Price.

properati

Properati Raises USD 2 million in Series A Financing

Based in Argentina, Properati, the online and mobile solution of Latin America’s real estate market, announced today that it will receive a USD 2 million investment by two investment funds: NEVEQ II and NXTP. The company will use these funds to continue growing in the region, especially in the mobile platforms area.

soufun-logo145

Soufun Buys 20% of Century21 in China

IFM Investments Limited, the owner of Century 21 China Real Estate, has entered into a series of strategic cooperation agreements with SouFun. The result is that SouFun will become the second-largest shareholder.

Immobiliare vs Casa.it

Who is the Leader in the Italian Market?

Both casa.it and immobiliare.it lay claim to being the market leader in Italy. Following from the article on casa.it's use of pop-unders to drive traffic, this article looks at who is really leading by looking at more than visits to the sites.

Next and Trovit Logos

Japan’s Next Acquires Vertical Search Provider Trovit

Next Co of Japan has acquired 100% of the equity in Trovit, a vertical search business operating in homes, cars, and jobs, for 80 million euros.

NewsCorp and Move

Thoughts on the Move/News Corp. Deal

Brian Boero from 1000watt Consulting shares his thoughts on the acquisition of Move.com / Realtor.com by News Corp.

zillow_logo1

Northeast Oklahoma Real Estate Services Joins Zillow Partnership Platform

Zillow has announced that Northeast Oklahoma Real Estate Services has joined the Zillow® Partnership Platform. The Zillow Partnership Platform enables MLS data to be sent directly to Zillow as often as every 15 minutes, ensuring that current, active listings always are up to date, accurate and in sync with the MLS data.

onthehouse_holdings_limited

On The House CEO Resigns Amidst Controversy and Parting Shot at the Board

Michael Fredericks, the CEO and Founder of Australia's OnTheHouse (ASX:OTH) has resigned. The resignation comes amidst controversy arising from a civil legal matter in which orders were made against Mr Fredericks.

News Corp and REA Group Acquire Move.com in the US

News Corp and Move, Inc. (“Move”) announced today that News Corp has agreed to acquire Move, a leading online real estate business that brings consumers and Realtors® together to facilitate the sale and rental of real estate in the United States.

Russia’s Idinaidi.ru Surpasses 1 Million Listings in Q3 2014

Idinaidi.ru, one of Russia’s leading property portals, announced today that it has surpassed 1 million moderated listings in Q3 2014.