|11:12 EDT||MOVE, LEDR, TRLA, EJ, RP, Z||Zillow rises after monthly unique users jump in March|
Shares of online real estate and home-related info provider Zillow (Z) are up after the company reported that its monthly unique users increased to 76.55M in March. WHAT'S NEW: Zillow reported on its company website after Friday's close that its monthly unique users for mobile apps and websites grew to 76.55M in March from 65.56M in February and 50.3M in March of last year. WHAT'S NOTABLE: On April 2, Zillow announced a partnership with Beijing Yisheng Leju Information Services in an effort to provide real-estate listings for a Chinse real-estate portal, which could give Chinese investors greater access to the housing market in the U.S. Financial terms of the partnership were not disclosed. In a written statement, Leju CEO Geoffrey Yinyu He said, "Many of our 60M users are interested in U.S. properties." Beijing Yisheng Leju Information Services is an affiliate of E-House (EJ). OTHERS TO WATCH: Other firms providing solutions for the real estate industry include Market Leader (LEDR), RealPage (RP), Trulia (TRLA), and Move, Inc. (MOVE). PRICE ACTION: During morning trading, shares of Zillow rose $3.41 or 3.75% to $94.41.