CoStar Group has been making headlines with various impressive undertakings and partnerships. In recent news, they have completed the acquisition of
Matterport, advancing the real estate market with 3D digital twins and AI-powered innovation, consequently ushering in a new era of real estate innovation. Moreover, the company has landed a spot on Forbes list of America's
Best Large Employers, thanks to a remarkable 99% retention rate. CoStar continues to demonstrate its market dominance, boasting about 163M monthly users and being recognized with an industry innovation award. On the flip side, the group's stock performance reflects mixed sentiments among investors, with strong revenue growth offset by dips in EPS. Importantly, CoStar Group maintains aggressive expansion aspirations, with plans to hire an additional 1,000 new positions in 2025 and leveraging strategic acquisitions, such as Ag-Analytics and Visual Lease, to bolster its service offerings. The acquisition of
Visual Lease is seen as a strategic move to enhance their lease administration and accounting platform.
Costar Group CSGP News Analytics from Mon, 26 Aug 2024 07:00:00 GMT to Fri, 07 Mar 2025 20:55:00 GMT -
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