After betting heavily on iBuying, Zillow Group’s revenue more than doubled in 2019 to $2.7 billion, the company said Wednesday. Just 20 months after buying its first home, the Seattle-based listings giant said revenue from its Homes segment topped $1.365 billion in 2019, compared to just $52.4 million in 2018. But the company also lost $305.4 million last year, including $101.2 million during the fourth quarter. By comparison, Zillow lost $119.9 million last year. Overall,
source https://therealdeal.com/2020/02/19/zillow-revenue-doubled-to-2-7b-on-ibuying-bet/
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