Can Amazon help sell real estate?
That’s a question that Amazon’s new head of global business development, Steve Zappala, and other executives are likely to be asking themselves as they look for ways to accelerate the company’s real estate efforts.
Amazon’s growth as a retailer and online retailer has been slowing for the past year.
The company’s stock fell as much as 10% in 2017, but rebounded slightly on Tuesday.
That’s thanks in part to a $600 million stock buyback program in July that helped it jump-start its growth.
Amazon is also looking to expand its real estate business into other countries and markets that are not as attractive to traditional retailers.
Amazon has said it is working with real estate developers in Singapore, Australia, Germany and other countries to develop its own real estate platforms.
Amazon said on Tuesday that it had agreed to invest $1 billion in real estate projects in Australia, Australia’s biggest economy, and plans to build a new office building in Melbourne.
But that doesn’t mean Amazon will have to sell its own buildings.
“Amazon’s real property business has always been about selling people’s homes,” Zappella said in an interview with Bloomberg News.
“It’s about selling your own property, but it’s also about selling properties that people want.”
Amazon’s real-estate businesses were valued at $2.2 trillion in 2016, according to an estimate from Credit Suisse.
Zappalas company is looking to get more out of the Amazon platform.
He said in September that the company had developed a platform that could help it sell its real-life products to third-party sellers and to help sellers buy real estate in a variety of markets.
Amazon declined to comment.
Amazon may be looking to become more involved in the real estate sector, too.
Zapps said that Amazon was looking to partner with developers to develop real-world properties, including the development of office space.
Amazon already owns a huge amount of land in California, Arizona, California, Florida and Washington, D.C., as well as a huge portion of land outside of those states in the United Kingdom and Singapore.
The companies plans to take those properties and use them to build offices, offices with offices, and warehouses for Amazon.
“If you look at the real-time inventory we have on our platform, we are able to provide them with a lot of real estate that they can use to make products and services for their customers,” Zapps told Bloomberg News last year.
Amazon could sell real-name names and addresses for its products, too, but the company has said that would be restricted.
The real estate world has also been on fire in the past few years as the online retail giant has tried to boost its image.
In 2016, Amazon began to sell real names and personal information to sellers for a fee.
This year, it said it was also selling information about Amazon Prime members, such as the location of their homes and shopping habits.
In September, Amazon announced it was giving its Prime members a discount on new Prime-branded merchandise.
And it has been actively expanding its reach in the housing space, launching the company Prime Homes, which it is offering to developers who want to build their own apartments.
“We have been in the residential market for many years, and we think we can build the next generation of houses, not just for developers, but for consumers and homeowners,” Zappa said.