What’s Going On Here? Shares of Ocado – the British online grocery store and, now, tech company – rose 11% after the company announced a new partnership with Japan’s biggest supermarket chain, Aeon. What Does This Mean? Ocado started life as just an online grocer, but it became tougher to stay ahead of big UK supermarkets…
Tag: warehouse
Ep 10: Blackstone Goes Industrial
What’s Going On Here? American private equity titan Blackstone announced its purchase of several US warehouses from Singaporean logistics firm GLP, paying $19 billion in the biggest private real estate deal ever. What Does This Mean? Blackstone’s already one of the world’s largest property owners, and snapping up more warehouses will almost double its US…
with HT 