Hong Kong's Lalamove files for $1bn American IPO


Source: nikkei.com nikkei.com

Key Topics in this News Article:

News Snapshot:

What areas would you like to learn more about? Leave this field empty if you're human: Copyright 2021 Expansion Global, LLC. All rights reserved. Hong Kong's Lalamove files for $1bn American IPO Posted on Nikkei Asia HONG KONG — Hong Kong-based logistics startup Lalamove has filed confidentially for a U.S. initial public offering that could raise about $1 billion, two people familiar with the plan say, joining a string of companies from greater China seeking cash in the world’s largest capital market. Mainland companies are shrugging off mounting tensions between Washington and Beijing as they aim to tap the heavy...