- On-demand logistics start-up Lalatech, which operates Lalamove and Houlala, files application to list on the Hong Kong stock exchange.
- The Lalamove operator had considered a US IPO two years ago, but shifted its focus to Hong Kong amid tech crackdown, concerns over US delisting woes.
Source: Lalatech, the start-up behind Lalamove logistics service, files for Hong Kong IPO after turning its back on New York (SCMP)
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