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Zillow to Acquire RentJuice to Expand Professional Services in Rental Marketplace
May 2, 2012
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SEATTLE and SAN FRANCISCO, May 2, 2012 (GLOBE NEWSWIRE) -- Zillow, Inc. (Nasdaq:Z), the leading real estate information marketplace, today announced it has entered into a definitive agreement to acquire RentJuice Corporation, a San Francisco-based company, for $40 million in cash. RentJuice® provides rental relationship management software for...
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Zillow Reports Record First Quarter 2012 Results
May 2, 2012
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Record Revenue of $22.8 million, up 103% over first quarter 2011, marking sixth consecutive quarter of over 100% year-over-year revenue growth.
Record Marketplace Revenue of $16.6 million, up 141% over first quarter 2011.
Record Quarterly Net Income of $1.7 million, resulting in EPS of $0.06.
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Zillow Launches First Mobile App for Rentals
Apr 30, 2012
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SEATTLE, April 30, 2012 /PRNewswire/ -- Zillow, Inc. (NASDAQ:Z), the leading real estate information marketplace, today announced the launch of Zillow® Rentals for Android™ App, the company's first dedicated rentals app, optimized for renters who need to make decisions quickly.
The Zillow Rentals for Android App is the only renta...
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Zillow Announces Webcast of First Quarter 2012 Earnings Conference Call
Apr 16, 2012
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SEATTLE, April 16, 2012 (GLOBE NEWSWIRE) -- Zillow, Inc. (Nasdaq:Z), which operates real estate site Zillow.com®, Zillow® Mortgage Marketplace and Zillow Mobile, today announced that it will host a conference call to discuss its first quarter 2012 financial results on Wednesday, May 2, 2012 at 2 p.m. Pacific Time (5 p.m. Eastern Time), fo...
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Zillow to Open New Office, Grow Sales Force In Orange County, Calif.
Apr 16, 2012
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SEATTLE and IRVINE, Calif., April 16, 2012 /PRNewswire/ -- Zillow, Inc. (NASDAQ:Z) the leading real estate information marketplace, today announced it will open a new office in Irvine, Calif. and expand its sales team there. The new office, located at 2600 Michelson Dr., will open later this summer.
Zillow® plans to staff up to 100 empl...
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Zillow and Yahoo! Renew Advertising Deal, Powers Largest Real Estate Network on the Web
Apr 3, 2012
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SEATTLE, April 3, 2012 /PRNewswire/ -- Zillow, Inc. (NASDAQ: Z), the leading real estate information marketplace, today announced a renewal of its exclusive advertising agreement with Yahoo!, which creates the Yahoo!-Zillow® Real Estate Network, the largest real estate network on the Web.[i] The companies entered into an advertising agreement in 20...
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Zillow, the Progressive Policy Institute and Columbia Business School to Host Housing Forum in New York City
Apr 2, 2012
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SEATTLE, April 2, 2012 (GLOBE NEWSWIRE) --
What:
Nearly five years into its worst slump in decades, America's housing market is finally showing sparks of life. Zillow, the
leading real estate marketplac...
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Zillow to Participate in Barclays Capital Internet Connect Conference
Mar 6, 2012
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SEATTLE, March 6, 2012 (GLOBE NEWSWIRE) -- Zillow, Inc.® (Nasdaq:Z), the leading real estate information marketplace, today announced that Zillow Chief Financial Officer Chad Cohen will participate in the Barclays Capital Internet Connect Conference on Tuesday, March 13, 2012. The presentation by Zillow is scheduled to begin at 4 p.m. EDT. The...
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Zillow to Participate in 33rd Annual Raymond James Institutional Investors Conference
Feb 28, 2012
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SEATTLE, Feb. 28, 2012 (GLOBE NEWSWIRE) -- Zillow, Inc.® (Nasdaq:Z), the leading real estate information marketplace, today announced that Zillow Chief Financial Officer Chad Cohen will participate in the 33rd Annual Raymond James Institutional Investors Conference on Tuesday, March 6, 2012. The presentation by Zillow is scheduled to begin at ...
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Zillow to Participate in the Morgan Stanley Technology, Media and Telecom Conference
Feb 20, 2012
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SEATTLE, Feb. 20, 2012 (GLOBE NEWSWIRE) -- Zillow, Inc.® (Nasdaq:Z), the leading real estate information marketplace, today announced that Zillow Co-founder and Chairman Rich Barton and Chief Financial Officer Chad Cohen will participate in the Morgan Stanley Technology, Media and Telecom Conference on Monday, Feb. 27, 2012. The presentation b...
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Zillow Reports Record Fourth Quarter and Full Year 2011 Results
Feb 15, 2012
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Record Revenue of $19.9 million, up 108% over fourth quarter 2010
Record Marketplace Revenue of $13.7 million, up 169% over fourth quarter 2010
Quarterly Net Income of $0.9 million
Quarterly Adjusted EBITDA of $3.3 million, representing 17% of revenue
Record traffic and mobile usage
SEATTLE, Feb. ...
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Robert Bemis Joins Zillow as Vice President of Partner Relations
Feb 14, 2012
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SEATTLE, Feb. 14, 2012 /PRNewswire/ -- Zillow, Inc. (NASDAQ: Z), the leading real estate information marketplace, today announced real estate industry veteran Robert (Bob) D. Bemis is joining Zillow® as the company's vice president of partner relations. Bemis brings nearly 25 years of experience in the real estate industry and will be responsi...
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Zillow Announces Webcast of Fourth Quarter 2011 Earnings Conference Call
Feb 2, 2012
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SEATTLE, Feb. 2, 2012 (GLOBE NEWSWIRE) -- Zillow, Inc. (Nasdaq:Z), which operates real estate site Zillow.com®, Zillow® Mortgage Marketplace and Zillow Mobile, today announced that it will host a conference call to discuss its fourth quarter 2011 financial results on Wednesday, Feb. 15, 2012 at 2 p.m. Pacific Time (5 p.m. Eastern Time), f...
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Zillow to Participate in the 14th Annual Needham Growth Conference
Dec 27, 2011
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SEATTLE, Dec. 27, 2011 (GLOBE NEWSWIRE) -- Zillow, Inc. ® (Nasdaq:Z), the leading real estate information marketplace, today announced that Zillow CEO Spencer Rascoff will participate in the14th Annual Needham Growth Conference on Thursday, Jan. 12, 2012. The presentation by Zillow is scheduled to begin at 8 a.m. Eastern. The conference will b...
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Zillow to Participate in Citi 2012 Entertainment, Media and Telecommunications Conference
Dec 22, 2011
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SEATTLE, Dec. 22, 2011 (GLOBE NEWSWIRE) -- Zillow, Inc.® (Nasdaq:Z), the leading real estate information marketplace, today announced that Zillow CEO Spencer Rascoff will participate in the Citi 2012 Entertainment, Media and Telecommunications Conference on Wednesday, Jan. 4, 2012. The presentation by Zillow is scheduled to begin at 4:15 p.m. ...
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Housing Forecast Calls for Further Declines; Stability on the Horizon
Dec 20, 2011
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SEATTLE, Dec. 20, 2011 (GLOBE NEWSWIRE) -- Today, leading real estate information marketplace Zillow Inc. (Nasdaq:Z), announced the results of the December 2011 Zillow® Home Price Expectations Survey, compiled from 109 responses by a diverse group of economists, real estate experts, and investment and market strategists. The survey is based on...
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Zillow to Sponsor Quarterly Home Price Expectations Survey
Dec 7, 2011
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SEATTLE, Dec. 7, 2011 /PRNewswire/ -- Zillow, Inc. (NASDAQ: Z), the leading real estate information marketplace, today announced a partnership with Pulsenomics LLC, an independent research and consulting firm that produces the quarterly Home Price Expectation Survey. As part of the partnership, Zillow® is now the exclusive sponsor of this quar...
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Zillow Confirms Satisfaction of Pricing Conditions for Automatic Initial Partial Release of IPO Lock-Up Agreements; Release Deferred Until Nov. 20
Nov 9, 2011
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SEATTLE, Nov. 9, 2011 (GLOBE NEWSWIRE) -- Zillow, Inc. (Nasdaq:Z), the leading real estate information marketplace, confirmed today that the pricing conditions for automatic initial release of 25 percent of the securities subject to the lock-up agreements entered between its pre-IPO security holders and Citigroup Global Markets Inc., as representat...
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Zillow Acquires Diverse Solutions to Help Agents Grow Business and Online Presence
Nov 2, 2011
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SEATTLE, Nov. 2, 2011 (GLOBE NEWSWIRE) -- Zillow, Inc. (Nasdaq:Z), the leading real estate information marketplace, today announced it has acquired substantially all the assets of Diverse Solutions™, an Irvine, Calif.-based company that helps real estate agents market their businesses and improve their personal websites, for approximately $7....
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Zillow Reports Third Quarter 2011 Results, Raises Full Year Outlook
Nov 2, 2011
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Record Revenues of $19.1 million, up 132% year-over-year
Record Marketplace Revenues of $11.8 million, up 226% year-over-year
Raises full year Revenues and Adjusted EBITDA outlook
Record traffic and mobile usage: average monthly unique users of 24.2 million, up 101% year-over-year
Acquires Diverse Solutions, ...
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Zillow counts a unique user the first time an individual accesses one of Zillow's websites using a web browser during a calendar month, and the first time an individual accesses Zillow's mobile applications using a mobile device during a calendar month. If an individual accesses Zillow's websites using different web browsers within a given month, the first access by each such web browser is counted as a separate unique user. If an individual accesses more than one of Zillow's websites in a single month, the first access to each website is counted as a separate unique user since unique users are tracked separately for each domain. If an individual accesses Zillow's mobile applications using different mobile devices within a given month, the first instance of access by each such mobile device is counted as a separate unique user.
Prior to October 2011, we measured monthly unique user metrics with Omniture analytical tools. We believe Google Analytics and Omniture result in materially consistent measurements of our monthly unique users.
Beginning in August 2012, Zillow will only release its monthly unique user metrics on the Zillow IR Page following the close of the NASDAQ Stock Market on the fourth trading day of each month and will no longer furnish its monthly unique user metrics on a Current Report on Form 8-K filed with the Securities and Exchange Commission.
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