Abstract: According to sources, the U.S. real estate website Zillow, plans to acquire another real estate site Trulia, involving a valuation of up to 2 billion U.S. dollars (HK $15.6 billion). The source said that 2 companies have started consultations, but the transaction may not be done. If implemented, the United States
According to sources, the U.S. real estate website Zillow, plans to acquire another real estate site Trulia, involving a valuation of up to 2 billion U.S. dollars (HK $15.6 billion).
The source said that 2 companies have started consultations, but the transaction may not be done. If implemented, the United States 2 of the most netizens browse the real estate information site will be merged.
The research firm comscore estimates that 2 sites totaled 85 million visitors in June, 89% of the industry's overall visitor volume.
Zillow and Trulia said they would not comment on market rumours.
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