About Lalamove
Lalamove is a company based in Kowloon (China) founded in 2013 by Gary Hui, John H K Tang, and Shing Yuk Chow. It operates as a On-Demand Services. Lalamove has raised $2.28 billion across 10 funding rounds from investors including Yolo Investments, Hillhouse and Shunwei Capital. Lalamove offers products and services including Same Day Delivery and Van & Truck Hire.
- Headquarter Kowloon, China
- Founders Gary Hui, John H K Tang, Shing Yuk Chow
- Stage Decacorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lalamove (India) Private Limited
- Date of Incorporation 14 Dec, 2018
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$20.82 K (USD)2827.24as on Mar 31, 2023
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Net Profit
$-72.14 K (USD)-7315.97as on Mar 31, 2023
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EBITDA
$-62.69 K (USD)-6696.4as on Mar 31, 2023
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Total Equity Funding
$2.28 B (USD)
in 10 rounds
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Latest Funding Round
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Investors
Yolo Investments
& 16 more
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Employee Count
Employee Count
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Products & Services of Lalamove
Lalamove offers a comprehensive portfolio of products and services, including Same Day Delivery and Van & Truck Hire. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Same day delivery service is provided for urgent needs.
Van and truck hire services are offered for transport.
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Funding Insights of Lalamove
Lalamove has successfully raised a total of $2.28B across 10 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Last Round
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First Round
First Round
(01 Nov 2014)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series F - Lalamove | Valuation | Yolo Investments |
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| Jan, 2021 | Amount | Series F - Lalamove | Valuation | Hillhouse |
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| Dec, 2020 | Amount | Series E - Lalamove | Valuation | HongShan |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lalamove
Lalamove has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Yolo Investments, Hillhouse and Shunwei Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on seed & series A stage investment
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Founded Year | Domain | Location | |
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Global private equity investments are managed with long-term focus.
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Founded Year | Domain | Location | |
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Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lalamove
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lalamove
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lalamove Comparisons
Competitors of Lalamove
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lalamove
Frequently Asked Questions about Lalamove
When was Lalamove founded?
Lalamove was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Lalamove located?
Lalamove is headquartered in Kowloon, China. It is registered at Kowloon, Hong Kong, China.
Who is the current CEO of Lalamove?
Shing Yuk Chow is the current CEO of Lalamove. They have also founded this company.
Is Lalamove a funded company?
Lalamove is a funded company, having raised a total of $2.28B across 10 funding rounds to date. The company's 1st funding round was a Series E of $515M, raised on Nov 01, 2014.
What is the annual revenue of Lalamove?
Annual revenue of Lalamove is $20.82K as on Mar 31, 2023.
What does Lalamove do?
Same day delivery and van or truck hire services are offered by Lalamove. Operations are focused on logistics and transportation sectors. Solutions for urgent delivery needs and flexible transport options are provided to customers across various regions.
What products or services does Lalamove offer?
Lalamove offers Same Day Delivery and Van & Truck Hire.
Who are Lalamove's investors?
Lalamove has 17 investors. Key investors include Yolo Investments, Hillhouse, Shunwei Capital, HongShan, and Mindworks Capital.
What is Lalamove's valuation?
The valuation of Lalamove is $10B as of Jan 2021.
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