Lalamove raises $100m in new funding round

Lalamove raises $100m in new funding round

Hong Kong-based on demand logistics player Lalamove has raised $100m in a new funding round. According to local reports, the series C round was led by Shunwei Capital and takes Lalamove’s total disclosed funding thus far to $160m.

The company is now active in around 100 cities in China (where it is known Huolala) and elsewhere across Asia.

According to local media reports, Lalamove plans to use the new funding to further expand in Vietnam, and enter Malaysia and Indonesia.

“We look for cities that have reached critical mass – so large, major cities – where we see there is a lot of fragmentation, and that require improvement in logistics,” founder and CEO Shing Chow was quoted as saying.

Relevant Directory Listings

Listing image

Spectos GmbH

The Spectos Group, headquartered in Dresden, Germany, is an independent and internationally acknowledged company in the fields of market research, data analytics, technology, digitization and operations. Spectos supports its customers with tailor-made B2B solutions for the monitoring, management and design of their service quality in […]

Find out more

Other Directory Listings

News Archive



MER Magazine

The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.


P&P Poll


Which PUDO technology supplier is most familiar to you?

Thank you for voting
You have already voted on this poll!
Please select an option!

Pin It on Pinterest

Share This