Purplebricks, a London-based discount brokerage, said Monday it received an $177 million equity investment from German media group Axel Springer SE to accelerate its expansion to New York. The company, which launched in 2014, said it would earmark $71 million of the cash infusion to ramp up operations in the United States. Purplebricks now plans to launch in New York next month, instead of in July. In a statement, Eric Eckardt, Purplebricks’ U.S. CEO, said […]
source https://therealdeal.com/2018/03/26/purplebricks-sets-sights-on-nyc-after-177m-investment/
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