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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

De Beers says that with more than half of its sales of diamonds being made in the Asia-Pacific, the move by the Auction Sales unit to Singapore is part of a long-term positioning of the group


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...

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