eCommerce - Friday, March 10, 2006
European Online Real Estate Services Get Pricey
Our sister site the a:c euro covers Rightmove, a British online real estate ads site has just completed a successful IPO on the London Stock Exchange, raising $132M. Its stock price climbed 17% on its first day of trading after achieving 35 times oversubscription on its book. The IPO valued the company at £425M. Meanwhile, Interhyp, an online mortgage broker in Germany has also done well.
Read - IPO makes all the right moves for UK real estate site (a:c euro)
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