FAST NEWS: Alibaba cuts Gogox stake for eighth time in three months
The latest: Internet giant Alibaba (BABA.US; 9988.HK) disclosed it sold about 1.22 million shares of online logistics services provider Gogox Holdings Ltd. (2246.HK) at an average price of HK$0.3516 on Feb. 2, lowering its…
FAST NEWS: Gogox appoints co-founder as new chairman
The latest: Online logistics services provider Gogox Holdings Ltd. (2246.HK) announced Thursday its executive director and co-CEO Lam Hoi Yuen has been appointed chairman by the board of directors with effect from Dec. 20,…
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,…
FAST NEWS: Gogox’s adjusted loss narrows despite pandemic restrictions
The latest: Online logistics services provider Gogox Holdings Ltd. (2246.HK) said last Friday it expects to report revenue of 696 million yuan ($101 million) to 796 million yuan for 2022, up…
Clash of the Car-hailing Titans: Dida Seeks IPO Funds as Battle Looms
The Chinese rideshare platform has filed to list on the Hong Kong Stock Exchange for a third time, as rivalry in the shared transport business heats up again Key Takeaways:…
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…
FAST NEWS: Gogox Oversubscribed 3x, But All Investors Can Receive Shares
The latest: Gogox Holdings Ltd. (2246.HK), an online logistics platform announced Thursday that the company's Hong Kong public offering of 3.12 million shares was 3.05 times oversubscribed by retail investors, with…
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