This is a question that many people have been asking, and the answer is a bit complicated.
Zillow is an American online real estate database company that was founded in 2006. The company provides information on home values, home sales, rental listings, and other real estate data. It also operates the Zillow Group, which consists of several real estate and technology-related businesses.
Zillow is Not Owned by Amazon
Despite rumors to the contrary, Zillow is not owned by Amazon. The company is publicly traded on the NASDAQ stock exchange under the symbol ZG.
As of June 2020, it has a market capitalization of over $15 billion. Zillow’s CEO is Spencer Rascoff, who has held the position since 2010.
Amazon Has Invested in Zillow
Although Amazon does not own Zillow, it has made investments in the company. In 2017, Amazon led a $1 billion round of funding for Zillow’s mortgage division. The investment was part of an effort to expand its presence in the real estate industry.
Zillow Has Acquired Several Companies From Amazon
In addition to investing in Zillow, Amazon has also sold several companies to the online real estate giant. In 2016, it sold its online rental service RentJuice to Zillow for $40 million. It has also sold several other companies to Zillow over the years.
Conclusion
In conclusion, no, Zillow is not owned by Amazon; however, Amazon has invested in and sold several companies to Zillow. The two companies have had a close relationship for many years and continue to collaborate on various projects.
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