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<IPO>Lalamove's Parent LALATECH Applies for HK Listing Again
Lalamove's parent company LALATECH is applying for a Hong Kong listing for the fourth time. The joint sponsors are Goldman Sachs, BofA Securities and JP Morgan. Pre-IPO investo...
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<IPO>Lalamove's Parent LALATECH Applies for HK Listing Again
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Lalamove's parent company LALATECH is applying for a Hong Kong listing for the fourth time. The joint sponsors are Goldman Sachs, BofA Securities and JP Morgan. Pre-IPO investors included Hillhouse, HongShan, Shunwei Capital, which is owned by the chairman of XIAOMI-W (01810.HK)  +3.150 (+6.306%)    Short selling $1.61B; Ratio 21.944%   , and Crystal Stream.

LALATECH will apply for listing in Hong Kong by way of "weighted voting rights (WVR)" structure. It returned to profit from loss YoY in 1H24, earning US$184 million and recording revenue growth of 18.2% to US$709 million.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-02 16:25.)

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