Full Truck Alliance Launches Intra-city Freight Brand to Compete with Lalatech Full Truck Alliance launched its own intra-city freight brand called "Sheng Sheng". This move suggests that the company aims to compete with Lalatech in its dominant market.
On-demand Logistics Startup Lalatech Applies for Hong Kong IPO On-demand logistics startup Lalatech, which operates Lalamove and Houlala, on March 28 applied to be listed on the Hong Kong stock exchange.