Gogox dumps China dream that failed to deliver
The Hong Kong-based delivery company is selling its Mainland Chinese business for a token 1 yuan, and is changing its name as it chases other global markets Key Takeaways: Gogx…
BRIEF: Gogox logs HK$1 million profit on fund investment
Intra-city logistics provider Gogox Holdings Ltd. (2246.HK) said on Tuesday it redeemed a fund investment worth HK$66.18 million（$8.53 million）, citing a defensive strategy for the decision to sell just months…
FAST NEWS: Gogox replaces auditor in cost-reduction move
The Latest: Online logistics services provider Gogox Holdings Ltd. (2246.HK) announced Thursday that PricewaterhouseCoopers has resigned as the company’s auditor at the request of its board. Looking Up: The company has appointed Forvis as…
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…
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