About Lalamove
Lalamove is a Transportation, Automotive & Logistics company based in Kowloon (China) founded in 2013 by Gary Hui, John H K Tang, and Shing Yuk Chow. On-demand delivery solutions are provided for same-day courier services. It operates on a On-Demand Services model in Transportation, Automotive & Logistics and Retail sectors. Lalamove has raised $2.28 billion across 10 funding rounds from investors including Archerman Capital, Yolo Investments and Hillhouse. The company has 7,159 employees. Lalamove was last valued at $10 billion in January 2021. Its chief executive, as recorded, is Shing Yuk Chow. Its website lalamove.com draws about 5.9 million monthly visits. Its Indian entity Lalamove (India) Private Limited reported revenue of ₹17.3 Lakh. Lalamove offers products and services including Same Day Delivery and Van & Truck Hire. Its focus areas include Transportation, Logistics and Delivery Services.
Company details
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.
- Headquarters Kowloon, China
- Employees 7,159
- Founders Gary Hui, John H K Tang, Shing Yuk Chow
- SectorsTransportation, Automotive & LogisticsRetail
- Website category Computers Electronics and Technology
- Website easyvan.hk
- Social LinkedIn X Facebook
- Legal Name Lalamove (India) Private Limited
- Date of Incorporation 14 Dec, 2018
- Jurisdiction Thane, Maharashtra, India
- 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
- Total Equity Funding$2.28B (USD)
in 10 rounds
- InvestorsArcherman Capital
& 20 more
- Employee Count7,159
Associated legal entities of Lalamove
Lalamove 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 Lalamove
Lalamove 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.
Apps and channels of Lalamove
Lalamove publishes 2 mobile apps with over 10M+ downloads.
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 $2.28B
- Total Rounds 10
- First Round $1.5M
(Nov 2014)
- Investors Count 17
All 10 funding rounds of Lalamove with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | Series F | – | Yolo Investments | – | |
| Jan 2021 | $1.3B | Series F | $10B | Hillhouse | – |
| Dec 2020 | $515M | Series E | – | HongShan | |
| Feb 2019 | $300M | Series D | – | Hillhouse | |
| Oct 2017 | $100M | Series C | – | Shunwei Capital | |
| Jan 2017 | $30M | Series B | – | Xiang He Capital | |
| May 2016 | $10M | Series A | – | Mindworks Capital | |
| Sep 2015 | $10M | Series A | – | Mindworks Capital | |
| Jan 2015 | $10M | Series A | – | Crystal Stream Capital, Aria | |
| Nov 2014 | $1.5M | Seed | – | 01VC | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2021 | $10B | •••••••• |
Full valuation and stage history of Lalamove
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $10B (Jan 2021). 21 investors in total: 21 institutional.
Investors in Lalamove
Lalamove has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include Archerman Capital, Yolo Investments and Hillhouse.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on seed & series A stage investment | yolo.io | Tallinn, Estonia | ||
Global private equity investments are managed with long-term focus. | hillhouseinvestment.com | New York, United States | ||
Venture capital fund focused on mobile, internet, deep technology, rural internet, AI, and multiple sectors | shunwei.com | Beijing, China | ||
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 early stage investment in supply chain, technology, retail, and multiple sectors | ebcapital.com.cn | Shanghai, China | ||
Early-stage tech investments in China are made by 01VC. | 01vc.com | Shanghai, China | ||
Seed & growth stage tech and offline focused VC firm investing primarily in China | blackholecap.com | Beijing, China | ||
Startups are accelerated by a VC-backed program in Taiwan. | appworks.tw | Taipei, Taiwan | ||
Blockchain investments are managed by Aria as a single-family office. | ariagp.io | Hong Kong, China |
Investor details for Lalamove
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Lalamove (India) Private Limited (Lalamove)
Lalamove (India) Private Limited is the primary company behind Lalamove. 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 Lalamove
78 people are tracked at Lalamove (36 in leadership, 42 in team); the tracked headcount is 7,159.
| Name | Role | Group |
|---|---|---|
Gary Hui | Co-Founder | Leadership |
John H K Tang | Co-Founder | Leadership |
Shing Yuk Chow | Co-Founder & CEO | Leadership |
Chow Shing-Yuk | Co-Founder & CEO | Leadership |
Hideaki Nakazawa | Managing Director | Leadership |
Gary Chow | Managing Director | Leadership |
Alex Lin | Managing Director, Lalamove Singapore | Leadership |
Michelle L. | Lead, Talent Business Partner | Leadership |
Nitchakarn Sangket | Talent Acquisitions Partner | Leadership |
Felicia Cruz | Head Of Corporate Sales | Leadership |
Quincy Yip | Director, Customer Experience And Marketing | Leadership |
Helena L. | Managing Director Brazil | Leadership |
Carmen Chong | Director, People | Leadership |
Leviero Leviero | Head Of Engineering, Platform | Leadership |
Vien Bernardo | HR Business Partner | Leadership |
Issa Chan | Manager, People Business Partner | Leadership |
Sean Jiang | Vice President Of Engineering | Leadership |
Ethan Ting | Managing Director - Lalamove | Leadership |
Sherman Kan | Head Of Research & Expansion | Leadership |
Patrick Yu | Vice President People And Managing Director SE Asia | Leadership |
58 more people are available in the full profile.
Complete people profiles for Lalamove
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Lalamove
Figures of Lalamove (India) Private Limited, the primary company behind Lalamove, 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 Lalamove
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Lalamove
5 dated milestones of Lalamove across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Lalamove is founded.
- Funding First funding round of $1.5M.
- Milestone Reaches Unicorn status.
- Milestone Reaches Decacorn status.
- Funding Latest funding round, Series F,.
Web traffic of Lalamove
The website of Lalamove (lalamove.com) receives about 5.9M visits a month and ranks #6,268 among all websites worldwide, #910 in Computers Electronics and Technology.
- Monthly visits5.9M
▼ 14.5% vs previous month
- Unique visitors2.2M
per month
- Global rank#6,268
among all websites
- Category rank#910
Computers Electronics and Technology · Computers Electronics and Technology
- Bounce rate38%
- Pages per visit7.4
- Average visit7 min 25 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with Lalamove. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| notion.so | 100% | 178.3M | #160 | View details | |
fast.com | fast.com | 96% | #914 | – | |
| upwork.com | 95% | 38M | #886 | View details | |
| kick.com | 95% | 180M | #257 | View details | |
| figma.com | 94% | 84.7M | #221 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lalamove
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Verified entity values are shown only after access is granted.
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Related news about Lalamove
Complete news archive for Lalamove
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Frequently Asked Questions about Lalamove
Lalamove was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Lalamove is headquartered in Kowloon, China. It is registered at Kowloon, Hong Kong, China.
Shing Yuk Chow is the CEO of Lalamove, as recorded in our data. They have also founded this 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 Seed of $1.5M, raised on Nov 2014.
Lalamove has 7,159 employees.
The primary company behind Lalamove, Lalamove (India) Private Limited, reported revenue of ₹17.3 Lakh for FY 2023, up 2827% year on year.
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.
Lalamove offers Same Day Delivery and Van & Truck Hire.
Lalamove has 21 investors. Key investors include Archerman Capital, Yolo Investments, Hillhouse, Shunwei Capital, and HongShan.
The valuation of Lalamove is $10B as of Jan 2021.
Lalamove operates through Lalamove (India) Private Limited.
The legal entities of Lalamove currently have 3 directors, including Sandeep Prajapati, Suraj Maruti Sawant, Antra Garg.