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08-31

Something to think about

JD Property’s $1B REIT in Singapore: How Do You View?
TikTok, Shopee, Lazada, Temu, plus Taobao and JD are all racing to capture market share here. Its subsidiary JD Property is planning a $1B+ REIT, which could be listed on the Singapore Exchange as early as next year, backed by logistics parks, smart warehouses, and other high-quality assets with international capital joining in. Would you expect to see this flash-sale model land in Singapore? Which do you use more in Singapore — Shopee or Lazada? If JD really builds out its logistics network here, would you consider switching to JD for your online shopping?
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