SAN FRANCISCO & PALO ALTO, Calif.--(BUSINESS WIRE)--Opendoor Labs Inc. (“Opendoor” or the “Company”), the pioneer and market leader in iBuying, has entered into a definitive business combination agreement with Social Capital Hedosophia Holdings Corp. II (NYSE: IPOB) ("SCH"), a publicly traded special purpose acquisition company, to bring public a leading digital platform for residential real estate. Company Overview Founded in 2014, Opendoor has reinvented the real estate transaction, offering.