Wednesday, May 8, 2013

Zillow Hits Record Traffic, Revenues In Q1

Seattle-based real estate site Zillow said last night that it hit $39M in revenues in the first quarter of 2013, up 71 percent over its first quarter in 2012. The company also said it reached a record in traffic, with 52 million monthly unique users on the site in April of 2013, up 63 percent year-over-year. Both are records for the ocmpany. Zillow said the increase in traffic came in part due to mobile visitors, with over half--55%--of its users now on mobile devices.