Mission Statement, Vision, & Core Values (2026) of Costar Group Co., Ltd.

Rooted in 39 years of industry leadership, CoStar Group Co., Ltd. blends an audacious mission to digitize the world's real estate with a vision of market dominance-backed by a global footprint (operating in 13 countries and noted as spanning over 15 countries as of 2023 with plans for three new markets in 2024), a workforce of approximately 8,400 people, and fiscal muscle-reporting $2.74 billion in revenue in 2024 while investing more than $200 million annually in technology and product development to drive objectives like a targeted 20% boost in data accuracy, all reinforced by S&P 500 and NASDAQ 100 listings, the strategic acquisition of Matterport (February 2025) for 3D digital twin capability, and core values-Integrity, Respect for the Individual, Work-Life Balance, Build Awesome Things, Keep the Customer at the Center, and Cohesive Innovation-that steer operations from its headquarters at 1201 Wilson Blvd, Arlington, VA 22209

Costar Group Co., Ltd. (002189.SZ) - Intro

• Founded: ~39 years of industry presence
• Global footprint: 13 countries
• Employees: ~8,400 (global)
• 2024 Revenue: $2.74 billion
• Indexes: S&P 500, NASDAQ 100
• Headquarters: 1201 Wilson Blvd, Arlington, VA 22209, USA

• Data Integrity - rigorous collection, verification, and continuous updating of property and market data
• Customer Focus - products and services designed to increase productivity and decision confidence for brokers, owners, investors, and occupiers
• Innovation - sustained investment in technology, analytics, and machine learning to advance platform capabilities
• Global Collaboration - cross-border insights, standardized data models, and local expertise across 13 countries
• Scalability - building platforms and marketplaces that support high-volume listings, searches, and transactions
• Transparency - clear, accessible market intelligence to reduce information asymmetry in real estate

• Expand data coverage and frequency - grow property records, lease comps, and transaction histories across markets
• Enhance analytic products - embed AI/ML to deliver predictive leasing, pricing, and portfolio optimization tools
• Grow marketplace penetration - increase listings, leads, and brokerage workflows on owned platforms
• Operational efficiency - scale cloud infrastructure and reduce per-unit data processing costs
• Customer retention & expansion - drive ARR growth through cross-sell of analytics, marketplaces, and SaaS

Costar Group Co., Ltd. (002189.SZ) - Overview

Mission Statement

• Costar Group Co., Ltd. (002189.SZ) seeks to digitize the world's real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
• The company focuses on transforming global real estate through comprehensive digitization of property inventories, market analytics, and transactional workflows.
• By delivering essential property data, actionable insights, and networked connections, Costar Group empowers users ranging from individual investors to institutional occupiers and brokers.
• Emphasis on empowerment translates into tools and services that improve operational efficiency, capital allocation, and personal decision‑making across the real estate ecosystem.
• Persistent investment in technology and product innovation underpins the mission; Costar Group has invested over $200 million annually in technology and product development across the last five fiscal years.

How the Mission Drives Product and Market Strategy

• Platform-first approach: centralized data lakes, APIs, and SaaS products for property discovery, valuation, and lease/transaction management.
• Data depth and coverage: continuous acquisition and verification to expand digital inventory and improve model accuracy.
• Customer segmentation: tailored solutions for brokers, asset managers, lenders, occupiers and individual investors to maximize adoption and lifetime value.
• Global expansion: prioritizing markets where digital property coverage unlocks material transaction volume and information asymmetries.

Core Values Embedded in Operations

• Accuracy - commitment to verified, up-to-date property information to reduce transaction friction.
• Innovation - sustained R&D investment to evolve analytics, mapping, and workflow automation.
• Accessibility - designing interfaces and APIs that democratize real estate intelligence.
• Customer success - aligning product metrics to measurable client outcomes (deal velocity, occupancy, yield improvement).
• Integrity - ethical data use, compliance with privacy and market regulations, and transparent reporting.

Selected quantitative indicators that reflect mission execution and scale

Strategic priorities aligned to mission and values

• Scale and accuracy: expand verified digital inventory and improve data freshness to increase trust and utility.
• Product integration: deeper workflows across discovery, valuation, and transaction to capture more of client spend.
• Global footprint: selective market entry where digitization yields outsized transactional or advisory revenue opportunities.
• AI and automation: deploy advanced analytics and machine learning to surface predictive insights and reduce manual tasks for users.
• Partnerships and acquisitions: supplement organic growth with M&A to fill capability and geographic gaps.

Further reading: Breaking Down Costar Group Co., Ltd. Financial Health: Key Insights for Investors

Costar Group Co., Ltd. (002189.SZ) - Mission Statement

• Technology & product R&D: >$200 million annually over the last five years.
• Data accuracy improvement target: +20% by end of 2024.
• Geographic footprint: operating in 15+ countries as of 2023 with plans to enter 3 new international markets in 2024.
• Revenue target: goal to surpass $1.8 billion in total revenue in 2024.
• Strategic acquisition: acquisition of Matterport in February 2025 to add advanced 3D digital twin capabilities.

• Data Integrity - rigorous sourcing, continuous validation, and measurable accuracy goals.
• Product Innovation - sustained R&D funding to deliver analytics, marketplaces, and immersive tech (e.g., 3D digital twins).
• Customer Focus - tools and services tailored to brokers, investors, occupiers, and property managers for better outcomes.
• Global Scale & Local Insight - combine broad geographic coverage with deep, local market data and teams.
• Operational Excellence - disciplined growth targets and KPIs (revenue, accuracy, market entries) to measure progress.

Costar Group Co., Ltd. (002189.SZ) - Vision Statement

• Integrity: Upholding the highest ethical standards in data collection, reporting, and platform operations to earn and sustain trust with customers, partners, and regulators.
• Respect for the Individual: Valuing diversity, inclusivity, and the perspectives of employees, clients, and community members to foster better decision-making and workplace culture.
• Work-Life Balance: Encouraging sustainable productivity by supporting employees' personal lives and families alongside professional growth.
• Build Awesome Things: Designing beautiful, reliable products that meaningfully improve the workflows of millions of users across real estate, finance, and public-sector domains.
• Keep the Customer at the Center of All We Do: Prioritizing customer success metrics-retention, expansion, and satisfaction-so each client receives the attention and outcomes they expect.
• Cohesive Innovation: Delivering integrated information and tools that drive industry-wide efficiencies and enable confident, intelligent decisions at scale.

• Data Integrity Programs - continuous investment in verification and compliance to support the core value of Integrity and reduce legal/regulatory risk.
• Customer-Centric Product Roadmap - prioritizing UX, SLAs, and success metrics to Keep the Customer at the Center of All We Do, driving SaaS retention and expansion.
• Cohesive Innovation Stack - integrating proprietary data, analytics, and developer APIs so customers can make confident decisions across asset underwriting, valuation, and operations.
• Talent & Culture Initiatives - programs to respect the individual and promote work-life balance while attracting engineers and data scientists to Build Awesome Things.

• Customer Net Revenue Retention: target >110%
• Data Accuracy Rate (coverage/reconciliation): target >99%
• Product Release Cadence (major releases/year): 6+
• Employee Engagement Score: target top quartile in industry benchmarks