Lalamove set for public market plunge in Hong Kong

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Hello reader,

Ecommerce has become such a normal part of our lives that we seldom pause to think about what happens between the time we click the buy button and a parcel shows up at our door.

Lately, I’ve been learning more about logistics players such as NinjaVan and J&T Express. These third-party logistics providers – also known as 3PL – work with ecommerce platforms and brands to ensure your parcel reaches you as seamlessly as possible.

It isn’t as easy as it looks: Infrastructure in Southeast Asia, especially outside of the big cities, is still underdeveloped. Delivering a package to a village in Indonesia may even require several different modes of transport – from motorcycles to ferries!

In this week’s big story, I analyze the draft prospectus of Lalatech Holdings, the parent firm of logistics marketplace Lalamove, which is preparing for an IPO in Hong Kong.

Lalamove is present in all major Southeast Asian markets, where it currently focuses on the two-wheeler segment, ideal for serving individual consumers with small goods to ship.

However, the larger prize is intra-city road freight, and Lalamove will have to offer more four-wheel options to serve this market effectively.

Lalamove’s listing will be a test case of investor demand for other logistics IPOs in the short to medium term.

— Simon

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THE BIG STORY

5 key takeaways from Lalamove’s draft prospectus to list in HK
Lalatech Holdings is out to woo investors with its global presence, scalable business model, and cutting-edge tech.

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3 Trends to keep an eye on

Hot stocks, earnings reports, restructuring, activist investor pressure, and more.

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2 Eye-popping facts

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The one you didn’t see coming

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