GOGOX Completes Hong Kong IPO
June 24, 2022
Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm has advised the joint sponsors and underwriters on the HK$670 million (approximately US$86 million) global offering and listing of GOGOX HOLDINGS LIMITED on the Main Board of the Hong Kong Stock Exchange.
UBS Securities Hong Kong Limited, China International Capital Corporation Hong Kong Securities Limited, BOCOM International (Asia) Limited, and ABCI Capital Limited acted as the joint sponsors in this transaction.
GOGOX, formerly known as GOGOVAN and merged with 58 Suyun, is a major online intra-city logistics platform in Asia. Their business includes door-to-door deliveries and customised logistics solutions across five countries and regions in Asia.
The Paul Hastings team was led by Raymond Li, global partner and chair of Greater China, and corporate partners Chaobo Fan and Vincent Wang, with support from of counsels Crystal Liu and Eric Wong, associates Sara She and Aaron Long, trainee solicitor Helen Cheung, legal manager Ruby Chong, and China associate Felix Chen.
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