Housing.com owner reports 46% rise in India revenue in FY23

Melbourne-based REA Group, the owner of Australian real estate sites realestate.com.au, realcommercial.com.au and spacely.com.au, stated that it experienced a 46% surge in revenue from India for the financial year that ended in June 2023. By comparison, Australian revenue only saw a 1% uptick during the same period. REA India posted a revenue of AUD 79 million ($57 million) in the fiscal year, up from AUD 54 million the previous year.

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