Zoopla
ZPG Plc
Public
Traded as LSEZPG
Industry Internet, real estate
Founded January 2008
Founder Alex Chesterman
Simon Kain
Headquarters London, United Kingdom
Key people
Mike Evans, Chairman
Alex Chesterman, CEO
Services Property and Comparison search websites
Revenue £244.5 million (2017)[1]
£53.7 million (2017)[1]
£37.4 million (2017)[1]
Website www.zpg.co.uk

ZPG PLC is a British company, partially owned by Daily Mail and General Trust.[2][3][4] ZPG focuses on providing users with access to information such as sold house prices, area trends & statistics and current value estimates for domestic properties in the UK. ZPG PLC is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Its brands include the property website Zoopla, price comparison service uSwitch, finance comparison website Money.co.uk[5], PrimeLocation and Hometrack[6].

History

The company was founded as Zoopla in 2007 and the Zoopla website was launched in January 2008 by Alex Chesterman, who also founded ScreenSelect (later LoveFilm) and Simon Kain, LoveFilm CTO.[7] It was backed by Accomplice, Octopus Ventures and other investors.[8][9] In July 2009, Zoopla acquired property website Thinkproperty.com from the Guardian Media Group.[10] In August 2009, Zoopla acquired the PropertyFinder Group, consisting of the websites Propertyfinder.com, Hotproperty.co.uk and UK Property Shop, with combined annual revenues of £7M, from prior owners the REA Group and News International for an undisclosed sum.[11] In January 2011 Zoopla acquired historic database of UK house prices HousePrices.co.uk.[12]

In October 2011 Zoopla and Digital Property Group, the subsidiary of A&N Media, which operates property websites Primelocation.com, Globrix.com and FindaProperty.com, merged their respective businesses and in May 2012, Zoopla acquired property information website UpMyStreet.com.[13] In June 2012 it formed Zoopla Property Group Ltd.[14] In December 2012, Zoopla acquired property information website Globrix.com.[15] In Spring 2013, Stephen Morana, formerly of Betfair Group Plc, was appointed new Chief Financial Officer (CFO).[16] Zoopla's biggest shareholder, the Daily Mail and General Trust floated Zoopla on the London Stock Exchange in June 2014.[17]

In June 2015, Zoopla bought the price comparison website uSwitch.[18] In July 2016 it was revealed that Zoopla's CEO was one of the businessmen behind a controversial legal challenge to the EU referendum result.[19] In February 2017 the company changed its name to ZPG plc.[20]In September 2017, Zoopla purchased the financial services comparison website Money.co.uk for £140 million.[21][22]

Operations

Footballer Youssouf Mulumbu wearing a West Bromwich Albion shirt endorsed by Zoopla in 2013

ZPG owns a searchable directory of UK residential properties using various sources like the Royal Mail's postcode database, the HM Land Registry's data on property transactions in England and Wales, Google maps, and other data sources. Based on this data, Zoopla has developed an automated valuation model or algorithm that provides a computed valuation estimate for any property in the UK. Zoopla also allows users to claim their home or set a TemptMe price, similar to US website Zillow. Its analogue for valuing the Internet properties is DNPric.es. The accuracy of Zoopla's computed valuations is disputed.[23][24]

Sponsorship

ZPG has sponsored West Bromwich Albion Football Club since 2012.[25] In January 2014, founder Alex Chesterman, who is Jewish, decided to remove support of the club after an allegedly anti-Semitic gesture from player Nicolas Anelka made headlines.[26]

See also

References

  1. ^ a b c "Annual Report 2017" (PDF). Zoopla. Retrieved 2018. 
  2. ^ "Zoopla IPO a "decent result" for DMGT, says Investec". Yahoo Finance UK. 18 June 2014. Retrieved 2015. 
  3. ^ Mark Sweney. "DMGT confirms it is to float Zoopla". the Guardian. Retrieved 2015. 
  4. ^ "3 Reasons Why Rightmove Plc Could Be The Next Internet Stock To Crash - The Motley Fool UK". fool.co.uk. Retrieved 2015. 
  5. ^ "Subscribe to read". Financial Times. Retrieved . 
  6. ^ Khan, Mehreen (2017-01-31). "Zoopla snaps up Hometrack in £120m deal". Financial Times. Retrieved . 
  7. ^ "About Zoopla!". Retrieved . 
  8. ^ "Our portfolio - Zoopla". Retrieved . 
  9. ^ "Business Digest". The Times. London. 2009-01-18. Retrieved . 
  10. ^ Sweney, Mark (2009-07-15). "Zoopla buys Thinkproperty.com from Guardian Media Group". The Guardian. London. Retrieved . 
  11. ^ Sweney, Mark (2009-08-07). "News International sells PropertyFinder website to Zoopla.co.uk". The Guardian. London. Retrieved . 
  12. ^ "Zoopla acquires Houseprices.co.uk". Retrieved . 
  13. ^ "Zoopla acquires UpMyStreet.com - Zoopla". Retrieved . 
  14. ^ "Zoopla and Digital Property Group merger completes". 1 June 2012. Retrieved 2014. 
  15. ^ "Zoopla acquires Globrix as it steps up battle against Rightmove". Estate Agent Today. Retrieved 2013. 
  16. ^ "Zoopla Property Group taps Stephen Moran as new CFO". CFO Insight. 
  17. ^ "Zoopla float to value property website at £919m". The Guardian. 18 June 2014. Retrieved 2014. 
  18. ^ "Zoopla to buy uSwitch price comparison site". BBC. 
  19. ^ Zoopla CEO Behind Mishcon De Reya Anti-Brexit Legal Action - Guido Fawkes Euro Guido
  20. ^ "Zoopla Property Group changes name to ZPG". Property Portal. 7 February 2017. Retrieved 2017. 
  21. ^ "Zoopla is buying financial comparison site Money.co.uk in deal worth up to £140 million". nordic.businessinsider.com. Retrieved . 
  22. ^ "Zoopla buys the financial services of Money.co.uk in deal worth up to £140m". Express.co.uk. 2017-09-08. Retrieved . 
  23. ^ "What's your property worth?". lovemoney.com. Retrieved 2015. 
  24. ^ "Estate Agent Today". estateagenttoday.co.uk. Retrieved 2015. 
  25. ^ "West Bromwich Albion". Historical Football Kits. Retrieved 2014. 
  26. ^ "Nicolas Anelka: West Brom sponsor Zoopla to end deal". BBC Sport. 20 January 2014. Retrieved 2014. 

External links


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

Zoopla
 



 

Connect with defaultLogic
What We've Done
Led Digital Marketing Efforts of Top 500 e-Retailers.
Worked with Top Brands at Leading Agencies.
Successfully Managed Over $50 million in Digital Ad Spend.
Developed Strategies and Processes that Enabled Brands to Grow During an Economic Downturn.
Taught Advanced Internet Marketing Strategies at the graduate level.


Manage research, learning and skills at defaultLogic. Create an account using LinkedIn or facebook to manage and organize your Digital Marketing and Technology knowledge. defaultLogic works like a shopping cart for information -- helping you to save, discuss and share.

Visit defaultLogic's partner sites below:
PopFlock.com : Music Genres | Musicians | Musical Instruments | Music Industry
NCR Works : Retail Banking | Restaurant Industry | Retail Industry | Hospitality Industry

  Contact Us