Lalatech Relaunches Hong Kong IPO; H1 Revenue Grows In Double-digits

The logistics services provider has relaunched its Hong Kong IPO, saying it plans to further expand in the intra-city freight market while also accelerating its global logistics drive

Logistics giant Lalatech Holdings Ltd. recorded double-digit growth for its revenue and key operational metrics in the first half of this year, according to its updated listing application filed on Oct. 27, showing its IPO is moving ahead. The company's overseas business also continued to grow strongly, as it diversifies from its original bases in Hong Kong and the Chinese Mainland.

Lalatech operates under two logistics brands, Lalamove in Hong Kong and overseas markets, and Huolala on the Chinese Mainland. The company operates a marketplace model that connects merchants and drivers online by allowing a large pool of carriers ...

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Lalatech Relaunches Hong Kong IPO; H1 Revenue Grows In Double-digits

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