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2021-11-23

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Macy's new marketplace could bolster calls to separate its e-commerce business, one analyst says

2021-11-23

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Mapletree Logistics to Buy $1 Billion of Assets Across Asia

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11:26","market":"us","language":"en","title":"Macy's new marketplace could bolster calls to separate its e-commerce business, one analyst says","url":"https://stock-news.laohu8.com/highlight/detail?id=2185803932","media":"MarketWatch","summary":"Macy's says it began to take steps to manage the supply chain network in late 2020\nMacy’s continues ","content":"<p>Macy's says it began to take steps to manage the supply chain network in late 2020</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8cc99a15b165601f2b75518308333845\" tg-width=\"700\" tg-height=\"460\" width=\"100%\" height=\"auto\"><span>Macy’s continues to analyze its digital business to reach customers across platforms.</span></p>\n<p>Macy's Inc. talked up the launch of a new marketplace as a way to further build out its merchandise assortment and e-commerce business, but GlobalData says a new marketplace could doom the department-store retailer's traditional business.</p>\n<p>Macy's&nbsp;announced plans to launch a curated digital marketplace alongside third-quarter profit that soared past expectations. The marketplace, which is expected to launch during the second half of next year, will be created in collaboration with marketplace technology company Mirakl.</p>\n<p>Macy's Chief Executive Jeff Gennette says the company's digital business is en route to $10 billion by 2023.</p>\n<p>Expanding into new categories and brands is driving growth, according to Gennette. Toy sales have more than doubled versus 2019 since the Toys 'R' Us partnership launched in August, for instance.</p>\n<p>Macy's has been under pressure from activist investors Jana Partners LLC to separate its e-commerce business from the bricks-and-mortar business, according to reporting by The Wall Street Journal.</p>\n<p>Macy's has conducted an analysis of the business as part of its turnaround strategy, which is focused on serving customers across platforms. But Gennette says the company is taking another look.</p>\n<p>\"It is too early to tell what the results of this additional analysis will be, but we plan to update everyone after the work is complete,\" he said on the call, according to a FactSet transcript.</p>\n<p>GlobalData says the marketplace is the result of \"misplaced thinking.\"</p>\n<p>\"A possible danger of the marketplace is that it will decrease the overlap between stores and online which will, in turn, amplify the calls for Macy's to spin off e-commerce,\" wrote Neil Saunders, managing director at GlobalData, in a note.</p>\n<p>\"At present this is a strategy management firmly resists -- and is something we applaud them for -- but we do not see the matter going away any time soon. In our view, tearing digital and store asunder would be a huge mistake and would, over time, be the death-knell for Macy's as a mainstream brand.\"</p>\n<p>Moreover, Saunders highlights other problems that Macy's has, including stores that are an \"atrocious mess\" and \"mediocre\" customer service.</p>\n<p>Credit Suisse analysts maintained their underperform stock rating after the earnings announcement, though they raised their price target to $32 from $19.</p>\n<p>\"While we have concerns that longer-term incremental industry pressures will restart by late 2022, our raised target multiple reflects better near-term execution by Macy's and potential for new value unlocks (like a bigger marketplace model) in 2022 and beyond,\" analysts wrote.</p>\n<p>Investors have been far more optimistic about the stock, with shares jumping more than 52% over the last three months, and soaring 203% for the year to date.</p>\n<p>The benchmark S&amp;P 500 index has gained 25.6% for 2021 so far.</p>\n<p>Macy's is Cowen's top holiday pick. Cowen analysts estimate that Macy's digital business could be worth $11.5 billion</p>\n<p>\"The business is executing on its core turnaround strategy and taking share in a rapidly changing environment,\" analysts said.</p>\n<p>\"We nod to Macy's evolving strategy to engage with the crucial omnichannel customer, particularly as demand and shopping habits modernize... While Macy's is emphasizing their efforts on store fleet rationalization, the company is experimenting with off mall locations, which we believe could be incremental to the success of the store channel and omnichannel customer.\"</p>\n<p>Cowen rates Macy's stock outperform with a $45 price target.</p>\n<p>And in the near-term, Empire Financial Research says the retailer is well-positioned for the holidays, despite global supply chain challenges.</p>\n<p>\"Of course, the supply chain problems will persist, but the largest players with the deepest relationships in the shipping and freight community and the most leverage with key vendors and suppliers are at a distinct advantage -- and Macy's is proof of that,\" said Berna Barshay, an editor at Empire Financial.</p>\n<p>Gennette says the company began its efforts to minimize the impact of supply chain bottlenecks going back as far as the fourth quarter of 2020.</p>\n<p>\"It is also important to remember that the figures from this quarter do not yet reflect the recent reopening of international travel, and it will be very interesting to see how the return of tourism impacts Macy's in the fourth quarter.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Macy's new marketplace could bolster calls to separate its e-commerce business, one analyst says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMacy's new marketplace could bolster calls to separate its e-commerce business, one analyst says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/macys-new-marketplace-could-bolster-calls-to-separate-its-e-commerce-business-one-analyst-says-11637609072?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Macy's says it began to take steps to manage the supply chain network in late 2020\nMacy’s continues to analyze its digital business to reach customers across platforms.\nMacy's Inc. talked up the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/macys-new-marketplace-could-bolster-calls-to-separate-its-e-commerce-business-one-analyst-says-11637609072?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"M":"梅西百货"},"source_url":"https://www.marketwatch.com/story/macys-new-marketplace-could-bolster-calls-to-separate-its-e-commerce-business-one-analyst-says-11637609072?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185803932","content_text":"Macy's says it began to take steps to manage the supply chain network in late 2020\nMacy’s continues to analyze its digital business to reach customers across platforms.\nMacy's Inc. talked up the launch of a new marketplace as a way to further build out its merchandise assortment and e-commerce business, but GlobalData says a new marketplace could doom the department-store retailer's traditional business.\nMacy's announced plans to launch a curated digital marketplace alongside third-quarter profit that soared past expectations. The marketplace, which is expected to launch during the second half of next year, will be created in collaboration with marketplace technology company Mirakl.\nMacy's Chief Executive Jeff Gennette says the company's digital business is en route to $10 billion by 2023.\nExpanding into new categories and brands is driving growth, according to Gennette. Toy sales have more than doubled versus 2019 since the Toys 'R' Us partnership launched in August, for instance.\nMacy's has been under pressure from activist investors Jana Partners LLC to separate its e-commerce business from the bricks-and-mortar business, according to reporting by The Wall Street Journal.\nMacy's has conducted an analysis of the business as part of its turnaround strategy, which is focused on serving customers across platforms. But Gennette says the company is taking another look.\n\"It is too early to tell what the results of this additional analysis will be, but we plan to update everyone after the work is complete,\" he said on the call, according to a FactSet transcript.\nGlobalData says the marketplace is the result of \"misplaced thinking.\"\n\"A possible danger of the marketplace is that it will decrease the overlap between stores and online which will, in turn, amplify the calls for Macy's to spin off e-commerce,\" wrote Neil Saunders, managing director at GlobalData, in a note.\n\"At present this is a strategy management firmly resists -- and is something we applaud them for -- but we do not see the matter going away any time soon. In our view, tearing digital and store asunder would be a huge mistake and would, over time, be the death-knell for Macy's as a mainstream brand.\"\nMoreover, Saunders highlights other problems that Macy's has, including stores that are an \"atrocious mess\" and \"mediocre\" customer service.\nCredit Suisse analysts maintained their underperform stock rating after the earnings announcement, though they raised their price target to $32 from $19.\n\"While we have concerns that longer-term incremental industry pressures will restart by late 2022, our raised target multiple reflects better near-term execution by Macy's and potential for new value unlocks (like a bigger marketplace model) in 2022 and beyond,\" analysts wrote.\nInvestors have been far more optimistic about the stock, with shares jumping more than 52% over the last three months, and soaring 203% for the year to date.\nThe benchmark S&P 500 index has gained 25.6% for 2021 so far.\nMacy's is Cowen's top holiday pick. Cowen analysts estimate that Macy's digital business could be worth $11.5 billion\n\"The business is executing on its core turnaround strategy and taking share in a rapidly changing environment,\" analysts said.\n\"We nod to Macy's evolving strategy to engage with the crucial omnichannel customer, particularly as demand and shopping habits modernize... While Macy's is emphasizing their efforts on store fleet rationalization, the company is experimenting with off mall locations, which we believe could be incremental to the success of the store channel and omnichannel customer.\"\nCowen rates Macy's stock outperform with a $45 price target.\nAnd in the near-term, Empire Financial Research says the retailer is well-positioned for the holidays, despite global supply chain challenges.\n\"Of course, the supply chain problems will persist, but the largest players with the deepest relationships in the shipping and freight community and the most leverage with key vendors and suppliers are at a distinct advantage -- and Macy's is proof of that,\" said Berna Barshay, an editor at Empire Financial.\nGennette says the company began its efforts to minimize the impact of supply chain bottlenecks going back as far as the fourth quarter of 2020.\n\"It is also important to remember that the figures from this quarter do not yet reflect the recent reopening of international travel, and it will be very interesting to see how the return of tourism impacts Macy's in the fourth quarter.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875604753,"gmtCreate":1637638590174,"gmtModify":1637638590174,"author":{"id":"3576129179188418","authorId":"3576129179188418","name":"junrui","avatar":"https://static.tigerbbs.com/c7b3b327b2189609ff8db7e4e2b9e499","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576129179188418","authorIdStr":"3576129179188418"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/875604753","repostId":"1163555525","repostType":4,"repost":{"id":"1163555525","kind":"news","pubTimestamp":1637637941,"share":"https://www.laohu8.com/m/news/1163555525?lang=&edition=full","pubTime":"2021-11-23 11:25","market":"sg","language":"en","title":"Mapletree Logistics to Buy $1 Billion of Assets Across Asia","url":"https://stock-news.laohu8.com/highlight/detail?id=1163555525","media":"Bloomberg","summary":"Singapore’s Mapletree Logistics Trust is set to acquire assets across China, Japan and Vietnam in de","content":"<p>Singapore’s&nbsp;Mapletree Logistics Trust&nbsp;is set to acquire assets across China, Japan and Vietnam in deals worth over S$1.4 billion ($1.03 billion) amid growing consumption of e-commerce in those markets.</p>\n<p>The real estate investment trust is purchasing 13 logistics properties in China valued at S$870 million, while the proposed acquisitions of three similar assets in Vietnam are worth S$129.9 million, according to afilingon the Singapore Exchange late Monday. In Japan, Mapletree Logistics agreed to buy a logistics facility for S$416.3 million.</p>\n<p>The company halted trading on Tuesday morning. Its shares last traded at S$1.95.</p>\n<p>The logistics investor said it intends to finance the proposed acquisitions through a combination of equity and debt. In a separate&nbsp;announcement&nbsp;on Tuesday, the company said it’s launching an equity fund raising for S$700 million. Mapletree Logistics is backed by Mapletree Investments Pte, which is owned by state investorTemasek Holdings Pte.</p>\n<p>The logistics investor said it intends to finance the proposed acquisitions through a combination of equity and debt. In a separateannouncementon Tuesday, the company said it’s launching an equity fund raising for S$700 million. Mapletree Logistics is backed by Mapletree Investments Pte, which is owned by state investorTemasek Holdings Pte.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mapletree Logistics to Buy $1 Billion of Assets Across Asia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMapletree Logistics to Buy $1 Billion of Assets Across Asia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-23/mapletree-logistics-to-buy-1-billion-of-assets-across-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s Mapletree Logistics Trust is set to acquire assets across China, Japan and Vietnam in deals worth over S$1.4 billion ($1.03 billion) amid growing consumption of e-commerce in those markets...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-23/mapletree-logistics-to-buy-1-billion-of-assets-across-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"M44U.SI":"丰树物流信托"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-23/mapletree-logistics-to-buy-1-billion-of-assets-across-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163555525","content_text":"Singapore’s Mapletree Logistics Trust is set to acquire assets across China, Japan and Vietnam in deals worth over S$1.4 billion ($1.03 billion) amid growing consumption of e-commerce in those markets.\nThe real estate investment trust is purchasing 13 logistics properties in China valued at S$870 million, while the proposed acquisitions of three similar assets in Vietnam are worth S$129.9 million, according to afilingon the Singapore Exchange late Monday. In Japan, Mapletree Logistics agreed to buy a logistics facility for S$416.3 million.\nThe company halted trading on Tuesday morning. Its shares last traded at S$1.95.\nThe logistics investor said it intends to finance the proposed acquisitions through a combination of equity and debt. In a separate announcement on Tuesday, the company said it’s launching an equity fund raising for S$700 million. Mapletree Logistics is backed by Mapletree Investments Pte, which is owned by state investorTemasek Holdings Pte.\nThe logistics investor said it intends to finance the proposed acquisitions through a combination of equity and debt. In a separateannouncementon Tuesday, the company said it’s launching an equity fund raising for S$700 million. Mapletree Logistics is backed by Mapletree Investments Pte, which is owned by state investorTemasek Holdings Pte.","news_type":1},"isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":147395185,"gmtCreate":1626333008647,"gmtModify":1631886377250,"author":{"id":"3576129179188418","authorId":"3576129179188418","name":"junrui","avatar":"https://static.tigerbbs.com/c7b3b327b2189609ff8db7e4e2b9e499","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576129179188418","authorIdStr":"3576129179188418"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PSFE\">$Paysafe Ltd(PSFE)$</a>dip lul","listText":"<a href=\"https://laohu8.com/S/PSFE\">$Paysafe Ltd(PSFE)$</a>dip lul","text":"$Paysafe Ltd(PSFE)$dip lul","images":[{"img":"https://static.tigerbbs.com/3cbba31706b52465faf2f86639e879fb","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147395185","isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147392624,"gmtCreate":1626332952568,"gmtModify":1631890174427,"author":{"id":"3576129179188418","authorId":"3576129179188418","name":"junrui","avatar":"https://static.tigerbbs.com/c7b3b327b2189609ff8db7e4e2b9e499","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576129179188418","authorIdStr":"3576129179188418"},"themes":[],"htmlText":"h fu jbgu","listText":"h fu jbgu","text":"h fu 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11:25","market":"sg","language":"en","title":"Mapletree Logistics to Buy $1 Billion of Assets Across Asia","url":"https://stock-news.laohu8.com/highlight/detail?id=1163555525","media":"Bloomberg","summary":"Singapore’s Mapletree Logistics Trust is set to acquire assets across China, Japan and Vietnam in de","content":"<p>Singapore’s&nbsp;Mapletree Logistics Trust&nbsp;is set to acquire assets across China, Japan and Vietnam in deals worth over S$1.4 billion ($1.03 billion) amid growing consumption of e-commerce in those markets.</p>\n<p>The real estate investment trust is purchasing 13 logistics properties in China valued at S$870 million, while the proposed acquisitions of three similar assets in Vietnam are worth S$129.9 million, according to afilingon the Singapore Exchange late Monday. In Japan, Mapletree Logistics agreed to buy a logistics facility for S$416.3 million.</p>\n<p>The company halted trading on Tuesday morning. Its shares last traded at S$1.95.</p>\n<p>The logistics investor said it intends to finance the proposed acquisitions through a combination of equity and debt. In a separate&nbsp;announcement&nbsp;on Tuesday, the company said it’s launching an equity fund raising for S$700 million. Mapletree Logistics is backed by Mapletree Investments Pte, which is owned by state investorTemasek Holdings Pte.</p>\n<p>The logistics investor said it intends to finance the proposed acquisitions through a combination of equity and debt. In a separateannouncementon Tuesday, the company said it’s launching an equity fund raising for S$700 million. Mapletree Logistics is backed by Mapletree Investments Pte, which is owned by state investorTemasek Holdings Pte.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mapletree Logistics to Buy $1 Billion of Assets Across Asia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMapletree Logistics to Buy $1 Billion of Assets Across Asia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-23 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-11-23/mapletree-logistics-to-buy-1-billion-of-assets-across-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s Mapletree Logistics Trust is set to acquire assets across China, Japan and Vietnam in deals worth over S$1.4 billion ($1.03 billion) amid growing consumption of e-commerce in those markets...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-23/mapletree-logistics-to-buy-1-billion-of-assets-across-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"M44U.SI":"丰树物流信托"},"source_url":"https://www.bloomberg.com/news/articles/2021-11-23/mapletree-logistics-to-buy-1-billion-of-assets-across-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163555525","content_text":"Singapore’s Mapletree Logistics Trust is set to acquire assets across China, Japan and Vietnam in deals worth over S$1.4 billion ($1.03 billion) amid growing consumption of e-commerce in those markets.\nThe real estate investment trust is purchasing 13 logistics properties in China valued at S$870 million, while the proposed acquisitions of three similar assets in Vietnam are worth S$129.9 million, according to afilingon the Singapore Exchange late Monday. In Japan, Mapletree Logistics agreed to buy a logistics facility for S$416.3 million.\nThe company halted trading on Tuesday morning. Its shares last traded at S$1.95.\nThe logistics investor said it intends to finance the proposed acquisitions through a combination of equity and debt. In a separate announcement on Tuesday, the company said it’s launching an equity fund raising for S$700 million. Mapletree Logistics is backed by Mapletree Investments Pte, which is owned by state investorTemasek Holdings Pte.\nThe logistics investor said it intends to finance the proposed acquisitions through a combination of equity and debt. In a separateannouncementon Tuesday, the company said it’s launching an equity fund raising for S$700 million. Mapletree Logistics is backed by Mapletree Investments Pte, which is owned by state investorTemasek Holdings Pte.","news_type":1},"isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":144164892,"gmtCreate":1626272285416,"gmtModify":1631890174442,"author":{"id":"3576129179188418","authorId":"3576129179188418","name":"junrui","avatar":"https://static.tigerbbs.com/c7b3b327b2189609ff8db7e4e2b9e499","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576129179188418","idStr":"3576129179188418"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MSFT\">$Microsoft(MSFT)$</a>nice","listText":"<a href=\"https://laohu8.com/S/MSFT\">$Microsoft(MSFT)$</a>nice","text":"$Microsoft(MSFT)$nice","images":[{"img":"https://static.tigerbbs.com/02e385420f334ea43b3eacf119b267c0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144164892","isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147395185,"gmtCreate":1626333008647,"gmtModify":1631886377250,"author":{"id":"3576129179188418","authorId":"3576129179188418","name":"junrui","avatar":"https://static.tigerbbs.com/c7b3b327b2189609ff8db7e4e2b9e499","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576129179188418","idStr":"3576129179188418"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PSFE\">$Paysafe Ltd(PSFE)$</a>dip lul","listText":"<a href=\"https://laohu8.com/S/PSFE\">$Paysafe Ltd(PSFE)$</a>dip lul","text":"$Paysafe Ltd(PSFE)$dip lul","images":[{"img":"https://static.tigerbbs.com/3cbba31706b52465faf2f86639e879fb","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147395185","isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":147392624,"gmtCreate":1626332952568,"gmtModify":1631890174427,"author":{"id":"3576129179188418","authorId":"3576129179188418","name":"junrui","avatar":"https://static.tigerbbs.com/c7b3b327b2189609ff8db7e4e2b9e499","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576129179188418","idStr":"3576129179188418"},"themes":[],"htmlText":"h fu jbgu","listText":"h fu jbgu","text":"h fu jbgu","images":[{"img":"https://static.tigerbbs.com/61037f62fcb23a017241d0d25c08fd34","width":"1080","height":"2081"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/147392624","isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}