Evening news on the 13th, a number of sources said today that freight platform Huolala is considering adjusting the listing location, from the United States to Hong Kong, China. However, the company is still considering the relevant matters and has not made a final decision. It is still possible that the company will decide to proceed with an IPO in the United States.
In addition, the goal of raising at least $1 billion in the IPO remains unchanged.
Founded in 2013, Huolala offers on-demand van hailing and delivery services, according to public information. It now operates in 24 countries, including the United States, with more than 700,000 drivers, according to its website.
Last week, Keep, China’s most popular fitness apple, pulled out of its US IPO, while Himalaya also pulled its US IPO, deciding it was better to list in Hong Kong.
Disclaimer: This article is from Tencent news client self-media
Reprint indicated source：Spark Global Limited information