The Latest in IT Security

British property website Zoopla joins rush to stock market

22
May
2014

By Kate Holton LONDON (Reuters) – Britain’s second-largest property website Zoopla plans to list its shares on the London stock market next month to tap into rising confidence in the country’s housing sector, potentially valuing the group at about 1 billion pounds ($1.7 billion). Majority owner Daily Mail & General Trust (DMGT) said Zoopla’s existing owners planned to sell shares in June to institutional investors and the estate agents who pay to list properties on its websites. Zoopla, which was launched in 2008, trails Rightmove in the online property sector, drawing more than 40 million visits a month to its websites and mobile applications, compared with about 80 million visits for its larger rival. It joins a rush of companies seeking to join the London market and follows recent listings by online groups AO World and Just Eat and property agent Foxtons last year.

Comments are closed.

Categories

TUESDAY, SEPTEMBER 22, 2020
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments