Tricia Duryee in Commerce on November 6, 2011 at 6:30 pm PT
O.co has shut down three of its product categories, and a fourth is on hold, after some of its experiments over the past couple of years have not penciled out.
Tricia Duryee in Commerce on September 23, 2011 at 7:56 am PT
Trulia’s founder and CEO Pete Flint remains focused on taking his real-estate search company public, despite one of its closest competitors beating him to it this summer.
Tricia Duryee in Commerce on August 24, 2011 at 1:54 pm PT
Zillow reported its first profit ever today as part of its second-quarter earnings release, only one month after raising more than $70 million in its public offering.
Tricia Duryee in Commerce on July 20, 2011 at 9:52 am PT
On Zillow’s first day of trading on the Nasdaq, its shares more than doubled, soaring to $45 today from its initial pricing of $20 a share.
News Byte
Tricia Duryee in Commerce on July 15, 2011 at 10:32 am PT
Zillow is now hoping to raise up to $71 million in its IPO, according to an updated document filed with the Securities & Exchange Commission. The Seattle-based company, which aggregates real estate listings online, was previously trying to raise $57 million. At the current price levels, the company would be valued at nearly $500 million,
up from $400 million previously.
Tricia Duryee in Commerce on July 6, 2011 at 1:00 pm PT
Zillow expects to secure almost $60 million in its initial public offering, which will value the company at close to $400 million, according to documents filed with the SEC today.
News Byte
Tricia Duryee in Commerce on June 7, 2011 at 8:00 am PT
If only it had been around during the bubble.
Zillow’s new app helps you calculate whether you can afford the house you are looking at. The real estate listing company’s second app helps you search and compare loan offers, or calculate whether it makes sense to refinance. Zillow, which is pursuing an IPO, has identified mobile as a way to boost its traffic, like its competitors, including Realtor.com’s Move and Trulia.
Tricia Duryee in Commerce on May 23, 2011 at 9:29 pm PT
Zillow paid only $1 million in cash to acquire Postlets, a company used by real estate agents to get the word out on thousands of for-sale and for-rent listings.
Tricia Duryee in Commerce on May 2, 2011 at 3:30 am PT
Groupon and LivingSocial have ballooned into major corporations over the past year, hiring thousands of local salespeople who try to convince local merchants into participating in the latest fad: group buying. While other sales positions have been hit hard by the recession, it turns out not every one is losing out. The daily deal phenomenon is creating thousands of new sales opportunities–and the hunt is on for trained workers with the contacts and experience.
