NEWS WRAP: Lalatech relaunches IPO fueled by accelerating profits
The freight logistics company’s revenue rose 18% in the first half of this year, while its adjusted profit jumped by 41% on improving efficiencies By Teri Yu Logistics giant…
Freight giant Lalatech takes on IPO delivery challenge
Riding on improved earnings, the road cargo platform has re-filed to list on the Hong Kong stock market, but its valuation may suffer in a weak market Key Takeaways: Lalatech,…
Rising Losses, Intensifying Regulations Hobble ‘Fast Dog’ Gogox
The intra-city logistics provider warns of ballooning losses less than two months after its Hong Kong IPO Key Takeaways: Gogox warned that its loss grew sharply in the first half…
Gogox Trucks Ahead with Hong Kong IPO Despite Growing Headwinds
Truck services app has been approved for a Hong Kong listing, with plans to raise up to $500 million Key takeaways: Gogox has been approved to list in Hong Kong…
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