CHRONICLING THE ROBOT INDUSTRY
SINCE 2011 © ROBOT RABBI
The Pandemic has propelled e-commerce to stratospheric heights with sales skyrocketing over 30% in 2020, and close to 40% in 2021. Globally, online shopping jumped to nearly $30 trillion led by Alibaba and Amazon. This consumer behavior shift has accelerated the adoption of warehouse automation technologies with packaging systems estimated … Read More
Last month, private equity giant Blackstone Group announced the acquisition of Colony Capital for $5.9 billion, a deal that encompasses 60 million square feet of warehouse space across 465 facilities. Blackstone is reported to manage now over $250 billion worth of property worldwide, and the Colony purchase comes on the … Read More
