Globavend Holdings (GVH) : 6-month performance

Globavend Holdings Ltd. is an e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The company's customers are primarily enterprise customers, e-commerce merchants, or operators of e-commerce platforms that offer business-to-consumer (B2C) transactions. It offers a one-stop solution, from pre-carriage parcel drop-off to parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and delivery. 

Globavend serves Hong Kong, as well as four cities in Australia and in New Zealand, and its customers are primarily business-to-consumer e-commerce merchants.

• Sector: Industrials
• Industry: Integrated Freight & Logistics
• Full Time Employees: 7
• Founded by Yau Wai Yiu in 2016 
• Headquartered in Perth, Australia
• https://globavend.com

IPO: November 8, 2023; raised $6 million by offering 1.5 million shares at $4, the low end of the range of $4 to $5. The company offered 0.4 million fewer shares than anticipated.