Two logistics companies have pulled off a rare cross-border deal between a mainland China and a Hong Kong start-up, and consolidated two of Chinese tech group Alibaba’s investments in the process. The deal will see Hong Kong’s GoGoVan slot together its operations in the territory, Taiwan and Southeast Asia with 58 Suyun’s business in China. The latter being bigger, will control the combined group. The duo operate on an asset-light model, much like Uber, allowing customers to hire a … [Read more...] about Logistics companies GoGoVan and 58 Suyun to merge