Following the Amazon model, it is building a network of 24 warehouses in 12 countries to stockpile goods for companies. The e-commerce team is staffed with former Silicon Valley executives.
Archive for the 'SingPost' Category
Investment Notes
Published May 20, 2015 Investment Notes , SingPost Leave a CommentTags: Investment Notes, Singpost
Investment Notes
Published July 20, 2014 Companies , Investment Notes , Sheng Siong , SingPost Leave a CommentTags: Investment Notes, Sheng Siong, Singpost
Singapore Grocery-Delivery Startup RedMart Gets Funding Boost “…I characterize us as a technology and logistics company that happens to focus on grocery retail at the moment,” he said. “We’re building a very valuable logistics and last-mile delivery infrastructure which we hope to leverage for many other things….”
On a separate track, Fairprice is launching a Costco-styled membership only warehouse club retailing in the last quarter of 2014.
Investment Notes
Published July 20, 2014 Companies , Investment Notes , SingPost Leave a CommentTags: Investment Notes, Singpost
A short interview with the CEO of General Storage Company Pte Ltd.
“…The self-storage facilities in Hong Kong, which typically range from 8000-10000 sq ft, are generally smaller than those in Singapore. They are also located closer to the MTR as their customers tend to use the MTR, whereas in Singapore, our consumer sentiments survey has shown that the typical self-storage user in Singapore travels by car/owns a car…”
http://sbr.com.sg/telecom-internet/exclusive/singpost-acquires-store-house-in-hong-kong-122m