Opendoor Pushes Ahead in Aftermath of Zillow’s iBuying Collapse
- Company expected to report higher revenue, smaller losses
- New product will combine buying and selling for consumers
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Opendoor Technologies Inc. pioneered a technology-powered approach to home-flipping, then watched its most formidable competitor exit the business in the face of mounting losses.
Now, the company is seeking to reassure investors and consumers that its bid to re-engineer the $2 trillion U.S. housing market is still on track.