News Snapshot:
Intra-city freight platform Kuaigou Dache, known as GoGoX overseas, filed a prospectus for a planned listing on the HKEx main board, according to HKEx filings. CICC, UBS, BOCOM and ABC International are the joint sponsors. Kuaigou Dache, formerly known as 58 Suyun, merged with GoGoVan Cayman, a Hong Kong-based intra-city logistics service platform, in 2017, and officially changed its name in August 2018. Its business includes logistics platform services, enterprise services and value-added services, providing users with short-distance goods delivery and transaction services such as hauling and moving. As of April 30, 2021, Kuaigou Dache has about 24.8 million registered...
