Prologis to Acquire DCT Industrial Trust for $8.4 Billion
May 29, 2018

  • DCT CEO Hawkins to serve on board of combined companies
  • Both landlords serve Amazon, other e-commerce tenants

Prologis Inc. agreed to acquire DCT Industrial Trust Inc. for $8.4 billion in stock and assumed debt, making the world’s largest warehouse owner Continue reading

Southeast Asia’s Singles’ Day sale was ‘small,’ but watch out for that impressive growth
November 26, 2017

Basically everyone's phone on Saturday.
Image: lazada

If you hadn’t heard, Saturday’s Singles’ Day sale in China absolutely smashed last year’s already phenomenal record, bringing in $25 billion in a day on a single shopping site — Alibaba Taobao.

Over Continue reading

Amazon launches in Singapore with massive 100,000 sq ft Prime Now warehouse
July 28, 2017

Take my money
Image: victoria ho/mashable

After years of preparation, Amazon has finally launched its same-day Prime Now delivery service in Singapore.

The service brings two-hour, and even one-hour deliveries, for tens of thousands of household items, from eggs and Continue reading