Lalamove reports growth for Thailand operations
Hong Kong-based on-demand delivery company Lalamove has reported significant growth for its services in Thailand. In a statement sent to Post&Parcel today (15 February), Lalamove said it saw “growth in Thailand of 600% in 2016 compared to 2015 in terms of usage and the value of services provided”.
According to Lalamove: “Downloads of the app rose six-fold to 210,000 users with services valued close to THB 120 million and distance travelled equal to going around the world for 314 rounds. Lalamove Thailand is the leading on-demand delivery platform in the country with the highest number of drivers which exceeds 17,000.”
Newly appointed MD for Lalamove Thailand, Chanon Klahan, commented: “We offer drivers an additional income, whilst 35% of our drivers work exclusively with the Lalamove platform. The flexibility, security and higher income generation demonstrates our ethos of a sharing economy that benefits the community and enables individuals to work for themselves. Drivers can create their own sustainable opportunities, improving quality of life for themselves and their families.”
Lalamove said its growth has been fueled by the e-commerce boom. The Lalamove app has been downloaded 5 million times across 45 countries in Asia.
The company added that in 2017 it hopes to see further geographical expansion within Thailand and across Southeast Asia.
Lalamove recently completed its Series B funding round of $30m led by Beijing VC firm, Xianghe Capital, raising total funds to $60m over four rounds.
