GOGOX Completes Hong Kong IPO

Hong Kong – Paul Hastings, a leading global law firm, announced today that the firm has advised the joint sponsors and underwriters on the HK$670 million (approximately US$86 million) global offering and listing of GOGOX HOLDINGS LIMITED on the Main Board of the Hong Kong Stock Exchange.

UBS Securities Hong Kong Limited, China International Capital Corporation Hong Kong Securities Limited, BOCOM International (Asia) Limited, and ABCI Capital Limited acted as the joint sponsors in this transaction. 

GOGOX, formerly known as GOGOVAN and merged with 58 Suyun, is a major online intra-city logistics platform in Asia. Their business includes door-to-door deliveries and customised logistics solutions across five countries and regions in Asia.

The Paul Hastings team was led by Raymond Li, global partner and chair of Greater China, and corporate partners Chaobo Fan and Vincent Wang, with support from of counsels Crystal Liu and Eric Wong, associates Sara She and Aaron Long, trainee solicitor Helen Cheung, legal manager Ruby Chong, and China associate Felix Chen.

About Paul Hastings

Dedicated to providing intellectual capital and superior execution to the world’s leading Wall Street and global investment banks, asset managers and corporations achieve their business and legal goals, Paul Hastings is a premier global finance law firm with elite teams in finance, mergers and acquisitions, private equity, and litigation. We are one of only a handful of law firms ranked across multiple core finance areas including: structured credit, leveraged finance, private credit, capital markets, and real estate finance.

Paul Hastings is ranked as one of the top firms in the world in The American Lawyer’s “Premier League” for momentum, profit and prestige amongst firms in the 2022 American Lawyer 100.