Trulia

  • Zillow Closes Trulia Acquisition, Cuts 350 Positions

    Zillow Closes Trulia Acquisition, Cuts 350 Positions

    As expected, Zillow today closed the acquisition of its competitor Trulia in a stock-for-stock transaction. The total price of the acquisition was $2.5 billion. When Zillow first announced its intentions to take over Trulia, the stock price still valued the transaction at $3.5 billion. Read More

  • Zillow Reports Record Q4 Earnings, Will Complete Trulia Acquisition Next Week

    Zillow Reports Record Q4 Earnings, Will Complete Trulia Acquisition Next Week

    Zillow today announced record earnings with revenue of $92.3 million — up 58 percent year-over-year, for a non-GAAP EPS of $0.24. Basic and diluted GAAP EPS came in at a loss of $0.27 per share, mostly due to acquisition-related costs. Analysts expected revenue to come in around $90 million and earnings per share of around $0.28. Despite those mixed results, the stock is up more than… Read More

  • Trulia Falls 6% After Reporting Disappointing Q3 Revenue Of $67.1M

    Trulia Falls 6% After Reporting Disappointing Q3 Revenue Of $67.1M

    Trulia’s shares are down in after-hours trading following the company’s third quarter earnings report that included in-line losses, and a revenue disappointment. The company lost $0.08 per share on a non-GAAP basis in the period from revenue of $67.1 million. Investors had expected the $0.08 per-share loss, which works out to a deficit of $2.8 million but had expected revenue… Read More

  • Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal

    Zillow To Acquire Trulia In $3.5B Stock-For-Stock Deal

    Zillow is going to acquire Trulia in a deal worth $3.5 billion in stock, according to the company. The combination of these two real estate tech companies should secure Zillow’s position as a market leader in the U.S., with Trulia CEO Pete Flint staying on in his role but reporting to Zillow CEO Spencer Rascoff. Flint and one other board member from Trulia will join the new combined board… Read More

  • Online Real Estate Service Trulia Relaunches Its Mobile Apps

    Online Real Estate Service Trulia Relaunches Its Mobile Apps

    Just ahead of the spring house hunting season, the online real estate service Trulia today launched a major redesign of its flagship mobile apps for iOS and Android. The new design puts real estate photos at the center of the experience. The design team also moved to a flat look on both platforms and simplified the user experience to make things like saving houses significantly easier. In… Read More

  • Trulia Reports $40.3 Million In Q3 Revenue, Net Income Of $7 Million

    Online real estate market Trulia has been a public company for just over a year now, and it’s already seen its share of ups and downs as it dukes it out with competing players like Zillow. The company just dropped its fiscal Q3 2013 earnings (with additional color on Twitter, as usual) — the combined company posted $40.3 million in revenue for the quarter, along with net income of… Read More

  • Trulia Now Allows You To Find And Promote Real Estate Agents

    Trulia Now Allows You To Find And Promote Real Estate Agents

    Trulia, the online marketplace for buying and selling homes, has added a service that allows users to search specifically for real estate agents by location, name and company. The search engine returns a list of local agents with pictures, recommendations and other information. This new update comes after Trulia announced a program to partner with such real estate companies as RE/MAX and… Read More

  • With $2.5M Injection From Nexus, Indian Housing Marketplace Launches In Bangalore

    With $2.5M Injection From Nexus, Indian Housing Marketplace Launches In Bangalore

    Indian housing marketplace, Housing.co.in has expanded out of its home base of Mumbai into another major Indian city, Bangalore—its fifth city in the country. The company, which operates similarly to Trulia and Zillow, provides a real estate search site which displays a visual map of available housing for rent or sale. The search results are filtered by how many rooms are available… Read More

  • Trulia Adds New Maps To Visualize U.S. Rental Prices, Earthquake And Flood Risks

    Trulia Adds New Maps To Visualize U.S. Rental Prices, Earthquake And Flood Risks

    For a while, it looked like Trulia, the online marketplace for homebuyers, sellers, renters and real estate professionals, was going to cede much of its ground to Zillow, Redfin and other newcomers. Lately, however, the company has been making a bit of a comeback, with a successful IPO, back-to-back product launches, acquisitions and a recent announcement that it is looking to raise up to… Read More