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AirTrunk Picks Banks for $1.5B Singapore REIT IPO

AirTrunk Picks Banks for $1.5B Singapore REIT IPO

Blackstone-acquired data center operator AirTrunk has selected banks for a potential Singapore REIT listing that could raise about $1.5 billion. The company was purchased by Blackstone in 2024. This development underscores surging demand for data center infrastructure.

Bloomberg TechnologyMediaApr 2#data-center#reit#ipo
Zhiyuan Robot Rentals Launch in Singapore

Zhiyuan Robot Rentals Launch in Singapore

Zhiyuan secures first overseas operator partnership with Singtel Enterprise and collaborates with Certis on aviation and infrastructure AI scenarios. Singtel will offer channelized robot rentals to businesses and individuals by 2026. This accelerates Zhiyuan's Singapore market expansion.

Amazon Shuts Singapore Fresh for Cross-Border

Amazon Shuts Singapore Fresh for Cross-Border

Amazon is closing Amazon Fresh and its local fulfillment network in Singapore on July 6, impacting a small number of roles. AWS, retail, and Global Selling operations will continue unaffected. The strategy pivots to cross-border sales tapping US, Japanese, and German catalogs over local grocery replenishment.

The Next Web (TNW)MediaMay 7#singapore#cross-border#fulfillment