HK-based startup Gogovan merges with Chinese company
The deal seeks to create Asia's "largest online platform in the intra-city logistics and freight business"
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
IN what is said to be the largest M&A (merger and acquisition) deal between a Hong Kong and a mainland China startup, Hong Kong's Gogovan has merged with China's 58 Suyun.
Gogovan is a 2013-founded, on-demand delivery van startup backed by several Singapore investors including Centurion Private Equity and Singapore Press Holdings (SPH).
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
