Britain must do more to scale up tech firms says LoveFilm and Zoopla investor Sherry Coutu November 16, 2014 Britain is great when it comes to helping tech startups, but we lag behind many countries when it comes to scaling-up these companies to reach their full potential, a report will reveal. The Scale-Up report is to be launched today at an event at Bloomberg’s London offices by its author, the investor and entrepreneur [...]
PwC, Uber and Zoopla win big at the 2014 City A.M. Awards November 13, 2014 From Legal & General boss Nigel Wilson to WPP boss Sir Martin Sorrell, you could barely move at the fifth annual City A.M. Awards – held last night at the Grange St Paul's Hotel – without bashing elbows with a few City grandees. The ceremony celebrated the brightest and best of the nation's money-makers – [...]
Zoopla’s UK property rich list reveals number of housing millionaires set to hit 500,000 August 25, 2014 Almost 500,000 homeowners in the UK are now part of the so-called property millionaires club after an explosion in the number of houses valued over £1m during the past year. The property rich list, released today by property website Zoopla, said that 484,081 flats and houses are now worth a seven-figure sum – up 49 [...]
Zoopla: Unusually for a tech stock, this one’s looking as safe as houses – Bottom Line August 14, 2014 Being old and boring, I spent last Friday mooching around a somewhat less-than-salubrious corner of our city, looking for a flat that I could buy as an investment. I dropped into two estate agents to ask questions about the area because, back in my day, that was how one did things. The first agent was [...]
Zoopla enjoys record traffic after IPO debut August 14, 2014 ONLINE property giant Zoopla said yesterday that it saw traffic to its websites and apps jump by one-third in its first trading update since its £900m stock market float in June. The company, owner of PrimeLocation, SmartNewHomes and HomesOverseas, said it had an average of 45.5m monthly visits in the four months to 31 July, [...]
OnTheMarket: Estate agents to launch new site to rival Zoopla and Rightmove July 16, 2014 A group of estate agents yesterday announced that they had joined forces to create an online property portal to challenge the dominance of Zoopla and Rightmove. They said the portal would launch in January under the name OnTheMarket. Agents’ Mutual was founded last year by some of Britain’s biggest estate agencies, including Knight Frank and [...]
Zoopla’s debut safe as houses after stock rises June 18, 2014 PROPERTY portal Zoopla yesterday attracted a host of blue-chip investors to its £900m London stock market debut, helping net its founder £30m. The company, which priced shares at 220p, saw 38.3 per cent sold to new investors after existing shareholders such as Daily Mail and General Trust (DMGT) – its biggest owner – and founder [...]
Zoopla share price jumps more than five per cent at IPO June 18, 2014 Shares in Zoopla, a property aggregating website, have jumped by more than five per cent on the first day of its IPO, up over 230p from an opening price of 220p. Investors have been eagerly anticipating the launch by Zoopla Property Group, which is owned by the Daily Mail And General Trust (DMGT). A float [...]
Zoopla looks to £1bn valuation in share issue June 5, 2014 ONLINE property website Zoopla yesterday gave an indicative price range of 200p to 250p for its impending share issue – giving the firm a valuation of between £833m and £1bn. Investors in the business, which says it has about 40m visitors per month, are expected to sell between one third and a half of the [...]
Zoopla’s shares are moving to a new £1bn home May 22, 2014 ZOOPLA fired the starting gun yesterday on a float that could value Britain’s second largest property website at around £1bn. The stock market debut will trigger a windfall for Zoopla’s shareholders, including majority owner the Daily Mail & General Trust, Countrywide and its founder and chief executive Alex Chesterman, who will sell down their stakes [...]