Zoopla Property Group, owner of Zoopla and PrimeLocation, has been named the sixth fastest-growing private technology, media and telecoms business in Britain in this year’s Sunday Times’ Tech Track 100 list.
The list, which is published annually, ranks Britain’s leading private technology, media and telecoms companies by sales growth over the past three years.
Zoopla is the only property-related business included in the latest list, which puts Zoopla’s sales growth at 213.64% over the last three years.
The listing will not have done any harm to Zoopla’s ambitions for further growth, which could include a stock market listing.
If it does list, it could be valued at between £1bn and £1.3bn, putting founder Alex Chesterman’s own 9% stake at around £100m.
Chesterman’s ambitions for Zoopla are certainly clear enough. “We set out to win, to become the most comprehensive, the most useful and biggest property site in the UK,” he told the Sunday Times.
“Number two is not good enough.”
Meanwhile, both Zoopla and Chesterman himself have been shortlisted for several awards. ZPG has been named a finalist for both ‘Company of the Year’ (Growing Business Awards) and ‘Europe’s Most Exciting Company of the Year’ (Investor All Stars Awards), while Chesterman is currently in the running for ‘Entrepreneur of the Year’ in both the National Business Awards and Ernst & Young Entrepreneur of the Year Awards.
Zoopla launched five years ago and claims that 63% of online house hunters in the UK now use its websites each month to search for a property.
Chesterman said: We’re extremely proud of the growth that we’ve achieved and the awards that we’ve been nominated for. They are a welcome reward for the hard work and dedication of our team.
“We are of course delighted to be featured in the top ten of this year’s Sunday Times Tech Track list, amongst some other very exciting tech and media businesses.”
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Comments
I completely agree with you quagmire. I did not check properly before submitting, my appology. But no idea how the paragraphs are mis-aligned.
Brian
Please dont drag this as a RM story, its not.
No Thanks Brian/Biren.
If you have trouble with your own name and paragraphs are proving a bit tough I think I'll leave it.
Hi All,
There are only two large companies in UK market , they are Rightmove and Zoopla. I think they have monopoly on the UK
Property online advertising market. This is what personally I dont like. There is no option but to keep these two companies
happy.
To overcome this problem, I am planning to launch a completely unconditional free site with more and better usuability
experience and better functionality than these two sites. I would like to know all your view on this. Please suggest what
functionality do you want to have from user experience point of view.
In summary, I would like to know if you will all use such site if you get all premium features for completely free.
These are the following features that I am implementing on the site. Please let me know if you need anything more than
this:
Realtime Appointment - All customers can have the opportunity to book their availability time in real time to show the
houses. For example, an agents can set his availability time on the site to show the houses. Buyers will book that time and
it is up to the agents to accept/deny or reschedule the appointment.
Video Uploads
Walkscore integration
Personalised Matching Report
User Activities Notification
Fields based detail search
Ratings based - Customer will have privelliages to rate on the website. Ratings are as follows:
Buyers will rate to Estate agents (and vice versa) provided Estate agents have opted to take part in Ratings.
Tenants will rate to Letting agents (and vice versa) provided both have opted to take part in Ratings.
Please let me know your thought on it.
Kind Regards
Brian
We will end our long association with Rightmove at the end of this month. The increasing fees were simply getting too much. The service is appalling. Have not seen our so-called rep in three years. Since we join Zoopla we have noticed a slight decline in the number of quality leads for sales but leads for rentals have increased. We are paying a third for Zoopla what we pay on Rightmove and we are basically getting a similar service. We cannot wait for the new two new portals that will shortly be launched. We will join at least one. If both have the capital behind them to threaten Rightmove and Zoopla's domination of the market I feel that the open resentment from many agents against Rightmove will result in Rightmove declining considerably
If you are on Zoopla only then i get it but I'm sure most of these Zoopla advocates posting ( those not working for them of course ) haven't enough belief in it to come off RM and therefore you are paying twice for what those of us only on one of them ( regardless which) are only paying once for - as the saying goes " a fool and his money are soon parted"
agree with bill. for us zpg is best value. similar amount of enquiries as ritemove but 20% less expensive. plus added exposure on dozens of other sites with zpg so better brand building coverage for the money.
£ FOR £ zoopla is more productive than Rightmove for us over the last 4 months keep up the good work, nice to deal with and raising the game......RM take note