Rightmove's Pressure to Deliver Mounts -- Market Talk

Dow Jones

Feb 28, 2025

0855 GMT - Rightmove can't afford to sit still after it rebuffed Australian real-estate advertiser REA's approach and peer OnTheMarket was acquired by CoStar, Wealth Club's Charlie Huggins says. The property website needs to step up innovation instead of relying on big price increases for growth as the pressure is on for it to deliver, Huggins writes in a note. Although operating margins are no longer rising, shareholders won't mind as long as this accelerates top-line growth, he says. Meanwhile, strategic growth areas like rental services show good early traction, he adds. "Rightmove still retains a very dominant position...However, with CoStar snapping at its heels, it certainly cannot afford to rest on its laurels." Shares are up 2% at 655.40 pence. (anthony.orunagoriainoff@dowjones.com)

(END) Dow Jones Newswires

February 28, 2025 03:55 ET (08:55 GMT)

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2514031078"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2514031078\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2514031078?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-28 16:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2514031078","market":"sh","top_or_hot":-1,"title":"Rightmove's Pressure to Deliver Mounts -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0855 GMT - Rightmove can't afford to sit still after it rebuffed Australian real-estate advertiser REA's approach and peer OnTheMarket was acquired by CoStar, Wealth Club's Charlie Huggins says. The property website needs to step up innovation instead of relying on big price increases for growth as the pressure is on for it to deliver, Huggins writes in a note. Although operating margins are no longer rising, shareholders won't mind as long as this accelerates top-line growth, he says. Meanwhile, strategic growth areas like rental services show good early traction, he adds. \"Rightmove still retains a very dominant position...However, with CoStar snapping at its heels, it certainly cannot afford to rest on its laurels.\" Shares are up 2% at 655.40 pence. (anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 03:55 ET (08:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Rightmove's Pressure to Deliver Mounts -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRightmove's Pressure to Deliver Mounts -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-28 16:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0855 GMT - Rightmove can't afford to sit still after it rebuffed Australian real-estate advertiser REA's approach and peer OnTheMarket was acquired by CoStar, Wealth Club's Charlie Huggins says. The property website needs to step up innovation instead of relying on big price increases for growth as the pressure is on for it to deliver, Huggins writes in a note. Although operating margins are no longer rising, shareholders won't mind as long as this accelerates top-line growth, he says. Meanwhile, strategic growth areas like rental services show good early traction, he adds. \"Rightmove still retains a very dominant position...However, with CoStar snapping at its heels, it certainly cannot afford to rest on its laurels.\" Shares are up 2% at 655.40 pence. (anthony.orunagoriainoff@dowjones.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 28, 2025 03:55 ET (08:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RTMVY","symbol_name":"Rightmove Plc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514031078","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514031078","pubTimestamp":1740732900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Copyright (c) 2025 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RTMVY":"Rightmove Plc","BK4077":"互动媒体与服务"},"translate_title":"Rightmove交付坐骑的压力加大——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RTMVY":0.9},"content_text":"0855 GMT - Rightmove can't afford to sit still after it rebuffed Australian real-estate advertiser REA's approach and peer OnTheMarket was acquired by CoStar, Wealth Club's Charlie Huggins says. The property website needs to step up innovation instead of relying on big price increases for growth as the pressure is on for it to deliver, Huggins writes in a note. Although operating margins are no longer rising, shareholders won't mind as long as this accelerates top-line growth, he says. Meanwhile, strategic growth areas like rental services show good early traction, he adds. \"Rightmove still retains a very dominant position...However, with CoStar snapping at its heels, it certainly cannot afford to rest on its laurels.\" Shares are up 2% at 655.40 pence. 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