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Zillow Reports $162M in Q1 Revenue


Zillow releasedfirst quarter results yesterday in its first earnings report since acquiring rival Trulia in a $2.5B deal. The digital listings company reported revenue of $162.5M, a 35% increase over the same period last year. Geekwire reports that by the end of this year real estate agents will be able to buy advertising on Zillow Group and have it displayed on multiple sites that the company owns or powers. Zillow attracted 139.6 million unique visitors across their properties in March and plans to spend more than $100M this year on advertising. [GW]