Logistics platform operator GoGoX plans an initial public offering in Hong Kong next week, a sign that China’s crackdown on the tech industry might be letting up.
GoGoX, which has been dubbed “Uber for logistics,” aims to raise 567.3 million Hong Kong dollars ($72.3 million) after fees and expenses in its June 24 debut, it was announced Tuesday.
Hong Kong IPO by GoGoX is a sign that China’s tech crackdown is letting up comes via ChinaTechNews.com.