News Corp’s digital real estate services reports 27% growth, net loss $1.1B

News Corp CEO said realtor.com and REA are a core part of the company's success and referenced Zillow's move into the iBuyer industry

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News Corp’s digital real estate services, which include Move’s realtor.com and Australia-based REA Group, announced its third quarter fiscal year 2018 results Thursday, which boasted $2.10 billion in revenue — a 6 percent increase from the year prior.