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Few companies can transform a city, but Amazon, the slayer of the retail industry, isn’t just any company. It’s a “City Maker.” In its request for proposals for municipalities to bid to become the home for its second headquarters, Amazon AMZN, +1.21% claims to have done wonders for Seattle, its current home. Here’s how it breaks down the numbers in its request for proposals: • In addit...
Dan Gilbert wants Amazon in Detroit. The real estate mogul confirmed to TechCrunch that he has formed internal and external teams to fully explore the possibility of Amazon locating its second HQ in Detroit. Amazon would join General Motors, Quicken Loans, Ally Financial, Comerica and others in having a headquarters in the city’s bustling downtown region. Amazon announced today that it is openin...
San Diego to bid for Amazon's HQ2 second headquarters location Getty Images Online retail giant Amazon said Thursday it was searching for a second headquarters in North America in 2017, a huge new development that would cost as much as $5 billion. Online retail giant Amazon said Thursday it was searching for a second headquarters in North America in 2017, a huge new development that would cos...
Amazon.com Inc. on Thursday announced an unusual plan to establish a second corporate headquarters in North America, signaling the online retail giant's growth ambitions for the years ahead and setting off a race among local and state governments hoping to win it over. Amazon said it was soliciting proposals for a new campus location, which eventually could result in the company investing mor...
In its first earnings report since going public in July, Redfin posted strong revenue growth, as the high-tech brokerage's website traffic spiked and its market share "accelerated." Revenue increased 35 percent to $104.9 million in the first quarter compared to the same quarter in 2016. The brokerage squeezed out a profit of $4.3 million in the second quarter, but Redfin CEO Glenn K...
Amazon’s announcement that it’s looking for a site for a second headquarters has cities and states throughout North America tripping over themselves to offer huge tax breaks in exchange for thousands of high-paying tech jobs. New York state says it will be joining this group of hopeful suitors. Howard Zemsky, who serves as president and CEO of Empire State Development and commissioner of t...
"We’re finding the needle in the haystack."
Kohl's Corp. announced Wednesday, September 6, that shoppers will be able to buy Amazon Echo, Fire tablets and other gadgets from select brick-and-mortar Kohl's stores. Customers in the Chicago and Los Angeles areas will be among the first to experience the 1,000-square-foot Amazon shops. Planning for 10 of its stores to feature these Amazon shops, Kohl's will also offer customers a...
Overview and exploration of the new CRE Tech landscape Exploring The Lay Of The Landscape In CRE Software Services Dealpath
Glenn Kelman of Redfin. The company expects to lose money in 2017. Redfin, the residential brokerage that went public this summer in a closely-watched IPO, reported year-over-year revenue growth of 35 percent in the second quarter. Still, the company said it expects to once again lose money for the overall year. Redfin pulled in $105 million in the second quarter, compared to $77.7 million during ...