Boss Purplebricks is bullish, despite the further decline in prices, as it spends more to expand globally

Boss Purplebricks bullish about the prospects of digital real estate agent, despite losses widening during the year.

Pre-tax losses increased to £26.2 m in the year to April, from £6.1 m in the previous year, spending £42.1 m on marketing, compared with £18.2 m in the previous year, increased its international expansion.

The aim-listed company, which is selling part of itself to German media giant Axel Springer, has expanded to new York, California, and last month in Las Vegas and Phoenix. He has worked in Australia during the year and announced the purchase of canadian real estate network DuProprio earlier this week.

Chief Executive Director Michael Bruce said: “We are confident…

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