Hillhouse, Sequoia-backed logistics startup Lalatech files for Hong Kong IPO

Hillhouse, Sequoia-backed logistics startup Lalatech files for Hong Kong IPO

The Hong Kong Stock Exchange. Photo: VCG

Hong Kong-based on-demand logistics startup Lalatech Holdings Limited, backed by Hillhouse and Sequoia Capital, has submitted an application to the Hong Kong stock exchange for an initial public offering (IPO).