Logistics start-up Lalatech pursues Hong Kong IPO
Lalatech Holdings, the parent company of Hong Kong delivery platform Lalamove, has filed for an IPO in Hong Kong. This would represent a liquidity event for the likes of Hillhouse Capital, MindWorks Ventures, and Shunwei Capital.
The move comes less than a year after Gogox, a rival logistics player formed through the merger of Hong Kong’s GoGoVan and an affiliate of mainland China-based 58.com, raised HKD 771.4m (USD 98.3m) on...
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