Complete Story
 

09/28/2018

SoftBank Invests $400 Million in Home-Selling Startup Opendoor

SoftBank Group Corp. 9984 4.65% is raising its bet on the real-estate sector, as the Japanese conglomerate’s tech-focused Vision Fund has invested $400 million in online homebuying marketplace Opendoor Labs Inc., the companies said Thursday.

The investment comes only three months after Opendoor said it raised $325 million to back its business of buying and selling houses exclusively online.

See full Wall Street Journal article here.

Printer-Friendly Version


BIA MISSION STATEMENT

As leaders in the housing industry, we are dedicated to protecting the industry while promoting ethical business practices and standards. We support our community and our members through professional development, legislative outreach, industry promotion and charitable efforts.