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GOGOX – HK$675 Million IPO

Hong Kong – June 24, 2022 – Cooley advised GOGOX, an online intracity logistics platform in Asia focused on the transportation of freight and goods in urban areas, on its HK$675 million (US$86 million) initial public offering of 3,120,000 shares (subject to an overallotment option to issue an additional 4,680,000 shares), which now trade on the Hong Kong Stock Exchange. Partners Michael Yu and Will Cai led the Cooley team advising GOGOX, which also included Lisa Yuan, Marcus Chen, Ying Liu, Keke Wu, Jasmine Li, April Wang, Cindy Pan, Shuaiwen Wang, Jieting Zhang and Freeda Li.

UBS, China International Capital Corporation, BOCOM International and ABCI Capital acted as joint sponsors and underwriters for the offering.

GOGOX operates in more than 340 cities across five countries and regions in Asia, including mainland China, Hong Kong, Singapore, Korea and India. As owner and operator of two highly recognized, trusted brands – Kuaigou Dache and GOGOX – the company is the third-largest online intracity logistics platform in mainland China and the market leader in Hong Kong, according to market research company Frost & Sullivan. 

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Related Contacts
Michael Yu  Partner Hong Kong
Will Cai  Partner Hong Kong, Palo Alto
Alexander Lee  Partner Los Angeles
Aaron Pomeroy  Partner Colorado
Luke Cadigan  Partner Boston
Russell Capone  Partner New York
Daniel Grooms  Partner Washington, DC
Mark Windfeld-Hansen  Senior Counsel Palo Alto
Lisa Yuan  Special Counsel Beijing
Ying Liu  Associate Hong Kong
Keke Wu  Associate Hong Kong
Marcus Chen  Associate Beijing
Rick Jantz  Associate Los Angeles
Jie Zhang  Counsel Hong Kong
Jasmine Li  Associate Shanghai
April Wang  International Legal Project Manager Hong Kong
Freeda Li  Legal Assistant Beijing
Shuaiwen Wang  Senior Legal Assistant Beijing
Jieting Zhang  Legal Assistant Beijing
Cindy Pan  Legal Assistant Hong Kong
Related Practices & Industries

Capital Markets  Public Companies  Asia  Technology