Hong Kong’s Lalamove, EY team up to shape ‘low-altitude economy’. What’s the plan?

Hong Kong delivery company Lalamove and professional services firm EY have joined forces and jumped on the “low-altitude economy” bandwagon in the hopes of expanding their reach in the Greater Bay Area and transforming conventional business. The companies told the South China Morning Post that the collaboration would leverage Lalamove’s logistics platform and EY’s services in planning, business modelling, risk advisory, governance and tax and customs advisory. The initiative involves equipment...