Company
REA Group Limited
Headquarters: Richmond, VIC, Australia
Founded: 1995
Employees: 2,931
CEO: Mr. Owen James Wilson A.C.A., ACA, B.Com., BCom
Market Cap
A$25.42 Billion
AUD as of July 1, 2024
US$16.93 Billion
Company Description
REA Group Ltd is an online real estate advertising company. Originally operating Australia's largest property website, realestate.com.au, REA Group has expanded through international acquisitions to operate property websites in 6 countries. It is majority-owned by News Corp Australia.
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Detailed Description
REA Group Limited engages in online property advertising business in Australia, Asia, and North America. It offers property and property-related services on websites and mobile apps. The company operates residential, commercial, share, and co-working property sites, such as realestate.com.au, realcommercial.com.au, spacely.com.au, Flatmates.com.au, iproperty.com.my, smartline.com.au, rumah123.com, iproperty.com.sg, squarefoot.com.hk, ThinkgOfLiving.com, myfun.com, smartexpos.com, makaan.com, housing.com, PropTiger.com, move.com, realtor.com, and 99.co. It also provides mortgage broking and home financing solutions. The company was formerly known as realestate.com.au Ltd. and changed its name to REA Group Limited in December 2008. REA Group Limited was founded in 1995 and is headquartered in Richmond, Australia. REA Group Limited operates as a subsidiary of news corporation.
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Stocks & Indices
REA Group Limited has the following listings and related stock indices.
Stock: ASX: REA wb_incandescent
Stock: OTC: RPGRF wb_incandescent
Product & Services
Real estate advertising
Key People
Owen Wilson (CEO) Tracey Fellows (former CEO)
Financials
Revenue: A$928 million (2021)