Lalatech Holdings Limited(N23010.HK)

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Lalatech Holdings Limited
N23010.HK
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News Summary: Lalatech achieves double-digit growth, with overseas business maintaining rapid growth

Lalatech Holdings Limited recently submitted its latest listing application, reporting a year-on-year revenue growth of 31.8% in the first half of the year, reaching USD 934.6 million, with overseas business growing by 34.3%. The company plans to restart its Hong Kong IPO to further expand the domestic freight market in China and the global logistics market. Its integrated platform model has made it the largest logistics supplier in the world, with GTV growing by 17.7% year-on-year and global fulfillment order volume reaching 455 million. In the future, it will focus on investing in the Southeast Asian and Latin American markets

BambooWorks·
HK
23010
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BambooWorks·
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NEWS WRAP: Lalatech targets new markets as global contribution grows

Lalatech Holdings Ltd. plans to expand its global operations, targeting the Middle East this year as part of its growth strategy. The company, known for its intra-city logistics services, reported a 19% revenue increase to $1.59 billion in 2024, with international revenue growing by 28%. Lalatech's unique closed-loop system has made it a leader in the logistics sector, holding a 53.4% market share. The company aims to leverage its strong performance and expand further into new markets, enhancing its international presence.

BambooWorks·
HK
23010
0.00%
BambooWorks·
HK
23010
0.00%
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