About EasyVan
EasyVan is a Transportation, Automotive & Logistics company based in Kowloon (China) founded in 2013 by Gary Hui, Shing Yuk Chow, and John H K Tang. EasyVan is engaged in same day delivery and vehicle hire services. It operates on a On-Demand Services model. The company has 7,219 employees. Its chief executive, as recorded, is Shing Yuk Chow. Its Indian entity Lalamove (India) Private Limited reported revenue of ₹17.3 Lakh. EasyVan offers products and services including Same Day Delivery and Van & Truck Hire. Its focus areas include Transportation, Courier Services and Same Day Delivery. Its competitors include Cainiao, Lalamove and ZTO Express; 2 of its 3 listed competitors have raised funding.
Company details
EasyVan is involved in providing same day delivery and courier services in Hong Kong. Transportation solutions through van and truck hire are also offered to meet various client needs. The company operates within the logistics and transportation sector, focusing on efficient and timely service delivery.
- Headquarters Kowloon, China
- Employees 7,219
- Founders Gary Hui, Shing Yuk Chow, John H K Tang
- Stage Decacorn
- SectorsTransportation, Automotive & Logistics
- Website easyvan.hk
- Social LinkedIn X Facebook
- Legal Name Lalamove (India) Private Limited
- Date of Incorporation 14 Dec, 2018
- Indian entity revenue₹17.3 Lakh
FY 2023 · +2827% YoY
- Indian entity net loss-₹60 Lakh
FY 2023 · -346% margin
- Indian entity EBITDA-₹52.1 Lakh
FY 2023 · -301% margin
- InvestorsArcherman Capital
& 21 more
- Employee Count7,219
Associated legal entities of EasyVan
EasyVan operates through Lalamove (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lalamove (India) Private Limited CIN U72200MH2018PTC318320 | Active | 14 Dec 2018 | Navi Mumbai, Maharashtra | ₹0.2 Cr | 3 | View details |
Products & Services of EasyVan
EasyVan offers a comprehensive portfolio of products and services, including Same Day Delivery and Van & Truck Hire.
Same day delivery service is provided for urgent needs.
Van and truck hire services are offered for transport.
Investors in EasyVan
EasyVan has secured backing from 22 investors, including venture fund and institutional investors. Prominent investors backing the company include Archerman Capital, Shunwei Capital and Hillhouse.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors | shunwei.com | Beijing, China | ||
Global private equity investments are managed with long-term focus. | hillhouseinvestment.com | New York, United States | ||
Startups are accelerated by a VC-backed program in Taiwan. | appworks.tw | Taipei, Taiwan | ||
Early and expansion stage tech investments are targeted across Pan-Asia. | mindworks.vc | Hong Kong, China | ||
Early and growth-stage investments in China's TMT sector are targeted. | xianghecap.com | Haidian, China | ||
Venture capital firm focused on seed & series A stage investment | yolo.io | Tallinn, Estonia | ||
Seed & growth stage tech and offline focused VC firm investing primarily in China | blackholecap.com | Beijing, China | ||
Investments are focused on tech startups in Singapore and China. | sirius.com.sg | Singapore, Singapore | ||
Early-stage tech companies in China are funded by GeekFounders. | geekfounders.com | Beijing, China | ||
Venture capital firm investing in the technology, media & telecommunication sector | crystalstreamcapital.com |
Investor details for EasyVan
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Board of directors of Lalamove (India) Private Limited (EasyVan)
Lalamove (India) Private Limited is the primary company behind EasyVan. The board of Lalamove (India) Private Limited currently have 2 directors; the longest-serving is Suraj Maruti Sawant, appointed in 2022. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suraj Maruti Sawant DIN 09739846 | Director | 07 Sep 2022 | 4 yrs 1 mo | Lalamove (India) Private Limited |
| Sandeep Prajapati DIN 10518236 | Director | 22 Feb 2024 | 2 yrs 8 mo | Lalamove (India) Private Limited |
People of EasyVan
3 people are tracked at EasyVan (3 in leadership); the tracked headcount is 7,219.
| Name | Role | Group |
|---|---|---|
Gary Hui | Co-Founder | Leadership |
Shing Yuk Chow | Co-Founder & CEO | Leadership |
John H K Tang | Co-Founder | Leadership |
Complete people profiles for EasyVan
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Financials of EasyVan
Figures of Lalamove (India) Private Limited, the primary company behind EasyVan, for FY 2023. Revenue was ₹17.3 Lakh (+2827% year on year). Net loss was -₹60 Lakh (-346% margin). EBITDA was -₹52.1 Lakh (-301% margin). Revenue has grown at a compounded annual rate of -52% over three years.
- ₹17.3 LakhRevenue · FY 2023 · +2827% YoY
- -₹60 LakhNet loss · -346% margin
- -₹52.1 LakhEBITDA · -301% margin
- ₹42.26 CrPaid-up capital
- -52%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Lalamove (India) Private Limited are on its company page.
Detailed financial statements for EasyVan
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Timeline of EasyVan
2 dated milestones of EasyVan across 8 years, from founding to its latest funding, stage changes and deals.
- Founded EasyVan is founded.
- Milestone Reaches Decacorn status.
Competitors of EasyVan
EasyVan has 3 listed competitors in our database, 2 of them funded. They include Cainiao, Lalamove and ZTO Express.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cainiao.com | 2013 | Hangzhou, China | $290M | Tech-enabled end-to-end delivery services are provided for e-commerce and groceries. | ||
| lalamove.com | 2013 | Kowloon, China | $2.28B | On-demand delivery solutions are provided for same-day courier services. | ||
| zto.com | 2002 | Shanghai, China | Logistics platform for e-commerce and retail is provided. |
Detailed competitors of EasyVan
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Related news about Easyvan
Complete news archive for EasyVan
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Frequently Asked Questions about EasyVan
EasyVan was founded in 2013.
EasyVan is headquartered in Kowloon, China. It is registered at Kowloon, Hong Kong, China.
Shing Yuk Chow is the CEO of EasyVan, as recorded in our data. They have also founded this company.
EasyVan has 7,219 employees.
The primary company behind EasyVan, Lalamove (India) Private Limited, reported revenue of ₹17.3 Lakh for FY 2023, up 2827% year on year.
EasyVan is involved in providing same day delivery and courier services in Hong Kong. Transportation solutions through van and truck hire are also offered to meet various client needs. The company operates within the logistics and transportation sector, focusing on efficient and timely service delivery.
EasyVan's top competitors include Lalamove, Cainiao and ZTO Express.
EasyVan offers Same Day Delivery and Van & Truck Hire.
EasyVan has 22 investors. Key investors include Archerman Capital, Shunwei Capital, Hillhouse, HongShan, and AppWorks.
EasyVan operates through Lalamove (India) Private Limited.
The legal entities of EasyVan currently have 3 directors, including Sandeep Prajapati, Suraj Maruti Sawant, Antra Garg.