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Why Purplebricks Is Leaving US

July 15, 2019

Purplebricks’ stock climbed after the online estate agent said it was pulling out of the U.S., marking an end to a 75% slump in valuation since it ventured across the Atlantic in September 2017. Shares in the U.K. company that charges homeowners a fixed fee, whether or not a property is sold, have plummeted amid […]

Filed Under: At A Glance Tagged With: Axel Springer, Bloomberg, fixed fee, flat-fee real estate model, online agent, Purplebricks, United Kingdom

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