Rightmove PLC (RMV)

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Company Description

Rightmove PLC was incorporated on 14 November 2007 as a private company limited with the name Rightmove Group Ltd. The Company was re-registered as a public limited company under the name Rightmove Group PLC on 29 November 2007. It operates in the UK residential and commercial property industry connecting people to properties. Its principal business is the operation of its website, which is the residential property website. Its customers include estate agents, lettings agents, new homes developers and overseas homes agents and vendors, which pay fees for the right to display properties on its website, which provides home hunters with property details to search. It has two reportable segments Agency segment & New Homes segment. The Agency segment provides resale and lettings property advertising services on www.rightmove.co.uk; and the New Homes segment provides property advertising services to new home developers and housing associations on www.rightmove.co.uk. The Other segment includes activities such as threshold, comprises overseas and commercial property advertising services and non-property advertising services which include its third party and consumer services as well as data and Automated Valuation Model services...

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