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Logistics startup Lalatech files application for Hong Kong IPO

Summary by Ground News
Lalatech Holdings Limited, backed by Hillhouse and Sequoia Capital, has submitted an application to the Hong Kong stock exchange for an initial public offering (IPO) Founded in 2013 as a mobile app-based on-demand delivery service platform, the company operates under Lalamove brand in Hong Kong and elsewhere in Asia.

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Reuters broke the news in United Kingdom on Wednesday, March 29, 2023.
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