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
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
