Hong Kong logistics start-up Lalamove files confidentially for US$1 billion US listing

//Hong Kong logistics start-up Lalamove files confidentially for US$1 billion US listing

Hong Kong logistics start-up Lalamove files confidentially for US$1 billion US listing

Hong Kong logistics start-up Lalamove has filed confidentially for an initial public offering (IPO) in the United States, becoming the latest Asian logistics unicorn to seek to tap the capital markets this year, Bloomberg reported, citing people familiar with the matter.The company, which is known as Huolala in China, is seeking to raise at least US$1 billion in the offering, the people said. The fundraising amount and other details of offering are subject to change depending on investor demand…

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By | 2021-06-23T12:27:37+00:00 June 23rd, 2021|Business|Comments Off on Hong Kong logistics start-up Lalamove files confidentially for US$1 billion US listing