Opendoor Revenue Rises More Than 1,400% In Q4, But Losses Mount Too
The iBuying giant earned $3.8 billion in revenue between October and December. The latest numbers highlight the uniqueness of its growth strategy.
Source: inman.com
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The iBuying giant earned $3.8 billion in revenue between October and December. The latest numbers highlight the uniqueness of its growth strategy.
Opendoor reported losing $662 million in 2021. The company also told investors on Tuesday that it has $5.7 billion in unsold real estate inventory.
The company's fourth-quarter loss came in larger than expected.
Fourth-quarter earnings left Wall Street disappointed.
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