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Clarence Chu
  • Clarence Chu

58 Freight (GogoX) Pre-IPO

GogoX (GGX) is looking to raise US$150m in its upcoming Hong Kong IPO. GogoX is an online intra-city logistics platform in Asia. The company operates in more than 30 cities across five countries and regions in Asia, namely, mainland China, Hong Kong, Singapore, Korea, and India. It owns and operates two brands, Kuaigou Dache (快狗打车) in mainland China and GOGOX for other countries and region. GGX’s platform services segment continues to languish, even after the firm expended much higher incenti...

Zhen Zhou Toh
  • Zhen Zhou Toh

58 Freight (GogoX) Pre-IPO

GogoX (GGX) is looking to raise US$200m in its upcoming Hong Kong IPO. GogoX is an online intra-city logistics platform in Asia. The company operates in more than 30 cities across five countries and regions in Asia, namely, mainland China, Hong Kong, Singapore, Korea, and India. It owns and operates two brands, Kuaigou Dache (快狗打车) in mainland China and GOGOX for other countries and region. We tried to keep an open mind in our previous note about the company, given that its prudent strategy h...

Zhen Zhou Toh
  • Zhen Zhou Toh

58 Freight (GogoX) Pre-IPO

GogoX (GGX) is looking to raise US$200m in its upcoming Hong Kong IPO. GogoX is an online intra-city logistics platform in Asia. The company operates in more than 30 cities across five countries and regions in Asia, namely, mainland China, Hong Kong, Singapore, Korea, and India. It owns and operates two brands, Kuaigou Dache (快狗打车) in mainland China and GOGOX for other countries and region. The company had strangely not been a beneficiary of COVID. unlike other on-demand intra-city logistics ...

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