Amazon has a history of breaking into new industries with a splashy buy, having disrupting the grocery business with the $13.7 billion acquisition of Whole Foods. Should the company do the same to real estate by buying online brokerage Redfin? One analyst thinks so. Jack Micenko, a housing and consumer finance analyst at Susquehanna Financial Group, makes the case for such a move in a new report. Among the various benefits such a purchase would […]
source https://therealdeal.com/2019/02/07/could-amazon-break-into-real-estate-by-buying-redfin/
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