Zillow: An American Tech Real-estate Marketplace Company

Stocks_Pedia
2023-02-09

Hey, this is Stocks_Pedia.

I would like to introduce some unfamiliar companies that may be of some help to your investments.

The company I’m going to introduce is $Zillow(Z)$. It went public in 2015.

[Company Profile]

Zillow Group, Inc. engages in the provision of real estate and home-related information marketplaces on mobile and the web. It operates through the following segments: Internet, Media & Technology (IMT), Homes and Mortgages segment. The company was founded by Richard N. Barton and Lloyd D. Frink and is headquartered in Seattle, WA.

[History & Events]

2006: Zillow launches its site, attracting more than 1 million visitors in its first three days.

2008: The Zillow Mortgage Marketplace was launched.

2011: Zillow launched its popular agent ratings and reviews feature.

2014: Zillow acquired Trulia. This led to the creation of the Zillow Group.

2016: Zillow Group bought Naked Apartments in a $13 million deal.

2018:  The company started a blanket referral-fee program with no upfront cost known as Zillow Flex.

2019: Zillow Home Loans was launched.

2022: The company acquired HotPads.

[Main Business Segments][Net Income & Total Revenue]​

[Competitors]

Realtor.com

$Redfin Corp(RDFN)$

$Opendoor Technologies Inc(OPEN)$

$Lifull Co Ltd(NXCLF)$

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