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De Beers tests service of reselling polished diamonds from Singapore

It says it's launching the new service from here to allow the group to be closer to customers in India, Asia-Pacific

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Published Thu, Nov 3, 2016 · 09:50 PM

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    Singapore

    DE BEERS, the world's leading diamond company, is testing a new service of selling third-party polished diamonds to other businesses through its online auction platform.

    The service is being launched from Singapore, where De Beers' Auctions Sales business has been based since 2013 to allow the group to be closer to its customers in India and the Asia-Pacific, said executive vice-president of auction sales Neil Ventura in an interview with The Business Times.

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