SoftBank-backed Compass makes IPO filing public, reveals revenue jump

SoftBank-backed Compass makes IPO filing public, reveals revenue jump

Today·2021-03-02 08:00

Real estate brokerage firm Compass Inc, backed by SoftBank Group Corp, on Monday made its filing for an initial public offering public and revealed a 56% surge in revenue helped by a strong housing market.

The COVID-19 pandemic has fueled a shift to digitization of the real estate market as more people, encouraged by low interest rates, prefer to buy and sell homes online.

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