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Zillow beats Q2 expectations with $1.3B in revenue as it expects housing trends to boost growth

GeekWire

Seattle-based real estate company Zillow Group reported $1.3 Consolidated net income was $10 million. The company’s Internet, Media, and Technology (IMT) segment grew 70% in revenue year-over-year to $476 million. RELATED: Redfin revenue soars 121% in second quarter as net loss grows on RentPath acquisition.

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Redfin beats Q4 earnings estimates with $244M in revenue and record traffic

GeekWire

A hot real estate market helped Redfin’s monthly active visitors grow to a record 44.1 million, while net losses dropped to $18.5 Redfin and other real estate tech companies including fellow Seattle giant Zillow Group are benefiting from a strong U.S. million, up from 30.6 million from $80.8 million in 2019.

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Porch Group announces two more acquisitions for a total of more than $94 million

GeekWire

Porch provides enterprise software to home services companies in areas such as home inspections, moving, real estate, and insurance. Porch then receives transaction fees when connecting homebuyers to movers, insurance agents, home automation and security firms, TV/internet companies and other service providers.

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3 Ways Technology Can Be Used to Improve Your Personal Finances

Galido

The Internet is full of helpful articles relating to personal finance… all you need to do is unearth them and then give them a read. Use a Net Worth Calculator. Determining your net worth is one of the best things you can do in your quest to improve your personal finances. Real estate. Lower banking fees.

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How much longer can Google own the internet?

Vox

“This lack of competition in digital advertising means that monopoly rents are being imposed upon every website that is ad-supported and every company — small, medium, or large — that relies on internet advertising to grow its business,” Sen. It’s essentially a tax on the internet,” Yen, of Proton, said. Lee said in a statement. “It

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Porch makes $35M acquisition; reshuffles board; revenue up 200%; loss grows; PPP loan forgiven

GeekWire

Its quarterly net loss widened to $16.3 ” Porch provides enterprise software to home services companies in areas such as home inspections, moving, real estate, and insurance. Porch connects homebuyers to movers, insurance providers, TV/internet companies and others, and collects transaction fees on sales it facilitates.

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Porch Group makes unusual promise in latest acquisition — guaranteeing its stock will double

GeekWire

Big deals have become almost run-of-the-mill for Seattle-based home services tech company Porch Group , which has been acquiring an array of companies in areas such as home inspections, moving, real estate, and insurance. ” The net impact, he said, is “less dilution and more value for our shareholders.”.

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