Opendoor Named to the Fortune 500 List
May 24 2022 - 4:05PM
Opendoor Technologies Inc. (“Opendoor”) (Nasdaq: OPEN), a leading
digital platform for residential real estate, announced that it has
been named to the Fortune 500 list for the first time. With over
$8.0 billion in revenue in 2021, Opendoor debuted at number 425 on
the list.
“To debut on the Fortune 500 after our first year as a public
company and only eight years after our inception is an honor and
significant milestone for Opendoor. Since our founding in 2014, we
have been on a path to transform the $2.3 trillion housing industry
and reshape a broken, offline process into a far superior digital
experience,” said Eric Wu, Co-Founder and Chief Executive Officer.
“This recognition is a testament to our tremendous progress to
date, and marks only the beginning of the exciting future that lies
ahead for Opendoor.”
In its 68th year, the Fortune 500 ranks U.S. companies by total
revenues for their respective fiscal year. For more information
about the Fortune 500 list, visit
http://fortune.com/fortune500.
About OpendoorOpendoor’s mission is to power
life’s progress, one move at a time. Since 2014, Opendoor has
provided people across the U.S. with a simple way to buy and sell a
home. Opendoor currently operates in a growing number of markets
nationwide.The company is headquartered in San Francisco.
For more information, please visit www.opendoor.com.
Contacts
Investors:Elise
Wanginvestors@opendoor.com
Media:Sheila Tran / Charles
Stewartpress@opendoor.com
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