Search Results for: Jason Pellegrino
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INDUSTRY NEWS
Google MD Jason Pellegrino appointed Domain CEO
Domain have announced Jason Pellegrino will step into the role of Managing Director and CEO, effective 27 August 2018. Mr Pellegrino joins Domain from Google where he has been Managing Director Australia and New Zealand since May 2016 and a member of the Asia-Pacific regional leadership team. On behalf of the Domain Board, Chairman Nick Falloon said: “We are delighted…
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INDUSTRY NEWS
Listings slide drags on Domain Group profits
The biggest decline in listings in Domain Group's history has resulted in a decline in profits, though revenue still rose in the first six months of the financial year.
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NEWS
The top 50 residential real estate influencers and innovators for 2022
There is rarely a dull day in real estate. From mergers and acquisitions, pivoting in a changing market and continued acceleration of PropTech, 2022 has been a year for the record books.
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National
Domain supports ‘Move to More’ campaign with Regional Australia Institute
Domain will partner with the Regional Australia Institute (RAI) in its ‘Move to More’ campaign, which aims to showcase all vibrant regional communities can offer those seeking a tree change. The national property platform will use its data-based regional property insights to highlight the opportunities and challenges that exist in the regional property market, including rising demand and housing supply…
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INDUSTRY NEWS
Domain records strong financial year results
Significant growth in Domain’s residential online business, including a 9 per cent jump in listings, has underpinned the group posting revenue of $357 million for the 2021-2022 financial year.
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INDUSTRY NEWS
Domain to buy Realbase as it scales holistic solution for agents
Real estate listings portal Domain has agreed to buy campaign management platform Realbase for $180 million.
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NEWS
Domain’s marketplace strategy reaping results with half-year revenue up 27.9 per cent
Domain’s ‘Marketplace strategy’ is reaping rewards with the group posting revenue of $175.3 million for the first half of the 2021/22 financial year.
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THE ELEVATE PODCAST
Lessons from Google and Uber: Domain’s John Foong on leadership, learning, and building partnerships for success
From Google to Uber, Domain’s new Chief Revenue Officer John Foong has a resume that reads like the who’s who of the corporate world.
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APPOINTMENTS
Domain appoints new chief product officer Nathan Brumby
Today Domain, a leading property marketplace, has announced the appointment of Nathan Brumby to Domain’s Executive Leadership Team in the role of Chief Product Officer.
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SUPPLIER NEWS
Domain appoints new Chief Marketing Officer Rebecca Darley
Today Domain, a leading property marketplace, has announced the appointment of Rebecca Darley to the role of Chief Marketing Officer, effective 7 February 2022.
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National
Domain set to acquire Insight Data Solutions
Domain has announced it has entered into a binding agreement to acquire Insight Data Solutions (IDS) by October this year, marking another step forward in executing its marketplace strategy.
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APPOINTMENTS
Domain appoints new Chief Revenue Officer John Foong
Property marketplace Domain has announced the appointment of John Foong to the role of Chief Revenue Officer.
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NEWS
A new app provides support to real estate professionals struggling with mental health
Domain have partnered with Rise to create a free mental health resource designed especially for real estate professionals, called the Real Care App.
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SUPPLIER NEWS
Domain, Lendi and other business leaders offer paid vaccination leave
Lendi Group, Domain Group, Prospa, Zip Co, Honey Insurance, Athena and Valiant Finance have announced paid vaccination leave for all permanent employees. The companies have launched the Great Aussie Vaccine Drive, pledging to offer employees paid leave for both doses, should they choose to get vaccinated against COVID-19. “We can see from the events unfolding around the country that getting…
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NEWS
Domain and PEXA announce strategic partnership
Property portal and technology company Domain has announced a partnership with digital property settlement solution PEXA. The strategic collaboration is set to bring together both companies’ proprietary data assets to unlock new unique insights and value across the property market. This collaboration is the beginning of a relationship between Domain and PEXA, two companies that operate across highly complementary segments…
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NEWS
Industry heavyweights Rise to the challenge of mental health
Nine out of ten real estate agents in Australia experience high stress at work, and 65 per cent of those agents say that stress has led to mental health issues.
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Elite Agent
Tony Blamey: Expect the unexpected
If 2021 has taught us anything so far, it’s to expect the unexpected.
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NEWS
Domain announces partnership with Fintech to provide VPA for sellers
Enterprise payments fintech, Limepay, has been selected by Domain Group to jointly deliver a bespoke buy now play later product called “MarketNow” with Australia’s leading property marketplace, Domain (ASX:DHG). MarketNow is a secure online payment gateway that allows real estate agencies to collect the total marketing costs from owners upfront when selling their…
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FEATURE INTERVIEWS
Focus and discipline
Jason Pellegrino has seen a lot of businesses transform in his career so far. And with a CV full of experience in a number of blue chip companies, he’s seen plenty of ‘behemoths’ of the corporate world struggle to keep up in a world where rapid change will continue to be the norm. He says there is a reason that…
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NEWS
MyDesktop acquired by Real Estate Investar to create “CRM of the future”
Domain has announced the sale of its customer relationship management product, MyDesktop, for $14 million to Real Estate Investar. Domain Group Chief Executive Officer and Managing Director, Jason Pellegrino, said the sale was a continuation of Domain’s objective to simplify and optimise the business, and deliver the best value to agents. “We recognise the importance of CRM systems to every…
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NEWS
Domain announces acquisition of Real Time Agent
Domain has entered into a binding agreement to acquire Bidtracker Holdings, which operates the business Real Time Agent. The on-target consideration for the proposed transaction is $24.8 million, $19.4 million of which is payable in cash on completion. An additional amount of between $0 and $15.6 million in cash is payable based on the achievement of defined targets over FY20…
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NEWS
Domain Profits Down But Upbeat About Outlook
Releasing their full-year Financial Results last week, Domain Group’s profits have fallen 30 per cent compared to last year, with the property slowdown in its major markets of Sydney and Melbourne hurting the bottom line. After an ‘extraordinary’ series of events, listing volumes around the country were down 20% to what is a 20-year low. Sydney and Mebourne in particular…
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NEWS
Former Avnu exec takes new road with Domain
Domain has ushered a in a new era, with the appointment of Jason Chuck as the Group’s new Chief Customer Officer. Chuck previously held positions as the Head of Marketing at Google and CEO of LJ Hooker Avnu, a role he told Mumbrella he found hard to leave behind. “I decided to take up this new role at Domain, as…
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NEWS
Revenue per listing up, but the future is adjacencies
Domain Holdings (ASX: DHG) released it’s 2019 half-year results on Friday, with the portal reporting a net loss of $156.4 million for the six months to December 2018. A non-cash goodwill write-down of $178.8 million drove the results into the red. Excluding this, Domain reported: Revenue growth of 0.3 per cent to $183 million EBITDA of $52.7 million Net Profit…
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THE ELEVATE PODCAST
Episode 74: Christmas special with Rik Rushton – 2018 in review and thriving in 2019
2018 is a year that has delivered winds of change travelling as fast as a Glenn McGrath Bouncer - cricket metaphor intended! It started in January with John McGrath ‘getting the band back’ together and this week’s guest Rik Rushton at the same time released a book called “The Power of Connection”. In this podcast, Samantha McLean takes Rik along…
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SUPPLIER NEWS
Domain purchases Commercial View
Domain have made their first acquisition since the Nine takeover, purchasing Commercialview.com.au. The move comes after the announcement last week that Chief Sales Officer Tom Ainsworth had been made redundant after CEO Jason Pellegrino had made the decision to restructure the business. The acquisition is occurring via Commercial Real Estate Media (CREM) which is a subsidiary of Domain – owned…
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SUPPLIER NEWS
Tom Ainsworth receives redundancy from Domain as restructure is announced
Domain’s chief sales officer Tom Ainsworth has been made redundant as CEO Jason Pellegrino makes major restructuring changes in the business. According to a memo sent to Domain staff yesterday, the restructure will see the business split into two main arms – B2B and B2C. The split has seen the former chief product and customer experience officer Tony Blamey promoted…
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SUPPLIER NEWS
Domain launches in-house data and insights department
Domain has added a data and insights unit to its content division, Domain Research House. The unit will be led by Tobias Johnstone, content and data director for the department. It will provide Domain readers and clients with insights drawn from internal data. Trent Wiltshire of The Reserve Bank has been appointed as economist for the unit, Domain’s Dr Nicola…
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SUPPLIER NEWS
Domain FY18 results show $6.2 million loss after Fairfax separation
Domain have shown a revenue of $286.6 million with a net loss after tax of $6.2 million in the company’s FY18 results. The loss comes after the company split from Fairfax and listed on the ASX in November. The company is no doubt hoping incoming CEO Jason Pellegrino, who begins his role at the end of the month, will boost…
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NEWS
Domain ups stumps as major cricket sponsor
Domain has “upped stumps” as the naming rights sponsor for the Cricket Australia men’s test series as the property portal seeks to embrace a more targeted marketing approach in the wake of lacklustre half yearly results. The announcement that Domain would withdraw from the naming rights sponsorship comes just half way through a four-year contract…
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INDUSTRY NEWS
Domain appoints new Director – Corporate and Enterprise
Domain Group (ASX: DHG) has today announced that Jon McConkey has been promoted to Director – Corporate and Enterprise. In his new role, Mr McConkey will be responsible for managing and consolidating relationships with corporate partners for Domain’s residential and enterprise divisions. He will also drive greater exposure to data-driven insights and Domain’s property cloud proposition, reporting to Tom Ainsworth,…
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SUPPLIER NEWS
REA Group financial results show increased marketing spend and rise in revenue
The REA Group financial results have revealed the company increased its marketing spend by 23 per cent in the 2018 financial year, up from $60.415 million to $74.483 million. With the removal of the acquisition costs, REA Group showed a revenue increase of 20 per cent to $807.7 million. EBITDA (earnings before interest, tax, depreciation and amortisation) was up 22 per…
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