Monday 2 November 2020

CoStar’s next target, ex-Zillow execs eye mortgage market

$4B burning a hole in CoStar’s pocket The giant has just purchased Germany-based Emporis, which has data on 700,000 buildings, to “jump start” its international business. The deal caps a string of buys for CoStar, including Ten-X ($190M), hotel data provider STR ($450M) and RentPath ($588M). CEO Andy Florance said CoStar’s international market opportunity is “more than twice” that of North America — and that’s pretty big. CoStar’s third-quarter revenue jumped 21 percent year over



source https://therealdeal.com/2020/11/02/costars-next-target-ex-zillow-execs-eye-mortgage-market/

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