下一步，相关部门将继续强化协同配合，始终坚持以正面声音引导舆论、以主流价值凝聚共识、以时代 新风净化网络，对各类扰乱房地产市场秩序的网络乱象保持"零容忍"高压态势。对整改推进不力、继续 侵犯群众利益的互联网平台，将依法从严查处，全力营造清朗网络空间。 人民财讯12月17日电，据安居北京官微消息，北京市住房城乡建设委会同市委网信办、北京市公安局等 部门，对抖音、小红书、贝壳、58同城、闲鱼、链家、我爱我家（000560）、麦田等互联网平台进行联 合约谈。会议指出，部分自媒体账号存在在网络上发布和传播唱衰北京楼市、制造市场恐慌、散布不实 信息、虚假房源引流等违规信息问题，严重扰乱市场秩序。会议要求各平台立即开展全面自查，及时下 架违规信息、处置违规账号，并加快建立完善常态化行业内容内审机制。 截至12月12日，在相关部门督导下，58同城、抖音、小红书、闲鱼、贝壳等网站平台已累计自查清理各 类违法违规和不良信息1.7万余条；清理处置北京公寓、老李谈京房、锐哥金融视野、北京海哥看房等 一批放大市场波动、贩卖焦虑、臆测政策、传播虚假内容博取流量、误导预期促成交的违规房产类账 号、直播间2300余个；删除处理违规笔记10 ...

Summary of Zillow Group FY Conference Call Company Overview - **Company**: Zillow Group (NasdaqGS: Z) - **Industry**: Real Estate Technology Key Points and Arguments Business Strategy - Zillow has transitioned from being primarily an advertising marketplace to developing a "Housing Super App" aimed at facilitating transactions for buyers, renters, and sellers [4][6][28] - The goal is to convert more users from browsing to utilizing Zillow's services, which currently has a transaction share in single digits despite high brand recognition [6][30] Revenue Growth - Zillow expects mid-teens revenue growth and margin expansion for the upcoming year, driven by strong performance in rentals and mortgages [28][158] - The company has outperformed the broader real estate market, achieving a 20% growth over the last two years despite a flat market [30][32] - Zillow's site received approximately 2.5 billion visits in Q3, indicating strong brand engagement [35] Rentals Segment - Zillow is the largest rentals marketplace with over 2.5 million rental listings, which is a key driver of audience engagement and revenue growth [137][138] - The partnership with Redfin is expected to further accelerate growth in the rentals segment [145][147] Technology and Innovation - Zillow has integrated AI capabilities, including partnerships with OpenAI, to enhance user experience and improve operational efficiency [90][105] - New features like Smart Messages for agents are designed to streamline communication and improve customer engagement [112][120] Market Dynamics - The company acknowledges ongoing lawsuits but emphasizes that these do not distract from its growth strategy [128][130] - Zillow's growth is expected to continue even in a challenging macroeconomic environment, with a focus on organic growth strategies [183][191] Future Outlook - Zillow aims to increase its market share by expanding its preferred agent program and enhancing its software offerings [165][171] - The company has set ambitious mid-cycle targets of $5 billion in revenue and a 45% EBITDA margin, with a significant portion of growth expected from its own initiatives rather than solely relying on market recovery [162][167] Capital Allocation - Zillow maintains a strategic approach to capital allocation, balancing between operational flexibility and opportunistic investments [188] Conclusion - Zillow is optimistic about its growth trajectory for 2026, focusing on expanding its customer base and enhancing its service offerings, regardless of macroeconomic conditions [191][192]

Financial Performance - The company reported a net loss of approximately 85.33 million yuan in 2024, a reduction of 6.24% compared to the previous year [1][2] - Operating cash flow improved from -30.53 million yuan in 2023 to 217 million yuan in 2024, primarily due to controlled lending scale [1][2] Market Conditions - The decline in total operating revenue is attributed to the ongoing downturn in the real estate market [1][2] - The company faces challenges due to individual borrowers' defaults and the need for impairment provisions on real estate assets [1][2] AI and Technology Integration - The company has implemented AI technology in areas such as customer service and data operations, enhancing service capabilities [2][3] - AI applications are still in the early stages of integration with industry-specific needs [2][3] Strategic Focus - The company aims to enhance its core capabilities in precise data marketing services and explore new opportunities in the stock housing market [3][4] - In 2025, the focus will be on integrating AI technology more deeply into the business model [4][5] Research and Development - In 2024, the company invested approximately 15.58 million yuan in R&D, accounting for about 12.7% of total operating revenue [4][5] User Engagement and Content Strategy - The company is enhancing user engagement through AI-driven customer service and private domain operations [4][5] - Content creation and community building are core business strategies, with efforts to improve content quality and expand influence through partnerships [4][5]