Office address: 511 Church Street, Richmond Vic 3121
Website: www.rea-group.com
Year established: 1995
Company type: media and information services
Employees: 3,440
Expertise: digital advertising, real estate advertising, technology, and information
Parent company: News Corp Australia
CEO and key people: Owen Wilson, CEO
Financing status: Corporate Backed or Acquired
REA Group is a global media business that uses technology and information to provide clients with a new way of experiencing property. The company offers several digital platforms that perform different functions, from residential real estate listings to investments. The company’s global reach in Australia, North America, and Asia has allowed the REA Group to break through the $1 billion revenue milestone in 2022.
REA Group started its journey from a garage in Melbourne in 1995, using the internet as its main platform. The public knew little about the internet at the time, but the company was determined to change how people experienced property.
Despite facing struggles in 1999, a timely investment by Rupert Murdoch's News Corporation infused the company with crucial capital, steering it towards a remarkable growth trajectory. As of 2024, The REA Group has a market capitalisation of $24 billion.
REA Group provides a range of tools and services to support their clients. Key offerings include:
REA Group’s culture shows its diversity and inclusivity by advocating for the LGBTQIA+ community with their outreach programs, social forums, and support sessions. Targeting a gender balanced workforce, in accordance with Women in Tech Strategy 2018, the company has achieved in increasing women in tech roles to 30%.
REA Group prioritises the wellbeing of its people, sustaining itself with the company’s mission for community engagement, innovation, and social awareness.
They offer exceptional packages and benefits for their employees, especially for parents and families:
Owen Wilson joined in 2014, bringing 30 years of work experience to the company's leadership. Manning the operations and global investments of the company, Wilson has since improved how the Group employs information and technology to their success. Before joining REA Group, he held high-ranking positions in companies such as Chandler MacLeod Group, ANZ, and KPMG.
Wilson holds a degree in Accounting and Computer Science from Deakin University.
REA Group continues to use the internet as their primary source for their platforms and clientele, from its establishment until today. The Group welcomes anything that comes their way as they have proven to adapt to any changes they experience. The company's ongoing investments in technology and strategic acquisitions will allow their global reach and digital influence to grow at a substantial rate.
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