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August 17, 2012 04:08 pm GMT

Trulia Goes After Zillows Real Estate, Files $75M IPO; Now Has 22M Monthly Users

trulialogoTrulia, the online real estate listings giant, has now publiclyfiled an IPO of up to $75 million -- effectively confirming reports from the end of July that the company had already filed for an IPO privately. The company's S-1 also provides an update on the state of the business, showing some encouraging signs of user growth.It says that as of June 30, 2012, it has 22 million monthly unique visitors, up from 5 million in June 2009; and paid subscribers -- its primary source of revenue, in addition to online ads -- have also grown massively. They're now at 21,544 versus 2,398 two years ago. Revenues in the last six months appear to be growing compared to last year: $29 million today versus $16 million for the period a year ago ($38.5 million for all of 2011). Meanwhile, net losses are also growing: they're now at $7.6 million ($6.2 million last year).

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Xpr5DsuA4gE/

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