
Four Chinese Online Freight Firms Summoned by Authorities
China's Ministry of Transport has formally summoned four domestic online freight corporations on July 8, namely Huolala, Full Truck Alliance, GOGOX and Didi Freight.
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China's Ministry of Transport has formally summoned four domestic online freight corporations on July 8, namely Huolala, Full Truck Alliance, GOGOX and Didi Freight.
Recently, Huolala officially submitted its IPO application to the Hong Kong Stock Exchange. It is worth noting that in the application, Huolala officially mentioned its car-making project: the company is using its experience in existing vehicle leasing and sales services to explore new business opportunities, such as developing electric commercial vehicles.