Lalamove

Lalamove is an Asia-based technology company that provides on-demand, same-day and advance order delivery services by connecting users with delivery drivers on its mobile and web apps.[1] The company operates in cities across Asia and Latin America connecting over 7 million users with more than 700,000 delivery drivers. Lalamove services are currently available in Hong Kong, Taipei, Singapore, Kuala Lumpur, Manila, Cebu, Bangkok, Pattaya, Ho Chi Minh City, Hanoi, Jakarta, Pune, Delhi, Chennai, Mumbai, Hyderabad, Ahmedabad, Bengaluru, São Paulo, Rio de Janeiro and Mexico City.

Lalamove
TypePrivate
Industry
  • Transportation
  • Logistics
  • Technology
FoundedDecember 2013
FounderShing Chow
Headquarters
Hong Kong
Number of locations
21 cities
Number of employees
1,400 (2020)
Websitelalamove.com
Lalamove delivery vehicles and driver in Hong Kong

On 24th November 2020, Government of India banned another 45 Chinese apps including Lalamove to operate in India citing security concerns.[2]

History

The company was founded in Hong Kong in December 2013 by Shing Chow.[3] Originally called Easyvan, the company was renamed Lalamove in 2014.[4] The company quickly expanded to new markets reaching Singapore in 2014 and Bangkok and Taipei in 2015. By 2018 Lalamove was present in 11 cities across Southeast Asia and also commenced operations in India.

Lalamove expanded for the first time outside of Asia in 2019 by commencing operations in Latin America. They are currently present in São Paulo, Rio de Janeiro and Mexico City.

In 2019, Lalamove raised US$300 million in a series D round of funding.[5]

In March 2020, Lalamove made its first strategic investment by participating in a pre-series B funding round for logistics company Inteluck.[6]

During the COVID-19 epidemic in 2020, Lalamove launched its Deliver Care CSR initiative to provide free delivery to NGOs.[7] The CSR initiative helped deliver over 200,000 essential items including face masks, hand sanitiser, personal protection equipment and hot meals to frontline medical works and underprivileged families. In total more than 86,000 beneficiaries were reached.[8] Lalamove also partnered with Quezon City local government to launch the LalaJeep, a new delivery type on the Lalamove app, to help jeepney drivers who were displaced from work due to the community quarantine.[9]

See also

References
  1. Shu, Catherine (9 September 2015). "On-Demand Logistics Startup Lalamove Lands $10M To Fuel Its China Expansion". TechCrunch. Retrieved 16 February 2019.
  2. "Chinese Lala cannot move in India- Business News". www.businesstoday.in. Retrieved 2020-12-17.
  3. Leung, Hannah (10 October 2017). "Lalamove Scores $100M Investment From China: Is This Hong Kong's Next Unicorn?". Forbes. Retrieved 16 February 2019.
  4. Horwitz, Josh (27 November 2014). "Hong Kon's Easyvan rebrands as Lalamove just in time for launch in Bangkok". www.techinasia.com. Tech in Asia.
  5. Ellis, Jack (21 February 2019). "Lalamove hauls in $300m from Sequoia China and Hillhouse, plans vehicle leasing biz". www.techinasia.com. Tech in Asia. Retrieved 2020-05-22.
  6. Yu, Doris (31 March 2020). "Lalamove backs logistics startup Inteluck in $5m round led by MindWorks". www.techinasia.com. Tech in Asia. Retrieved 2020-04-15.
  7. "Lalamove reveals details of Asia-wide COVID-19 relief CSR programme". www.marketing-interactive.com. Retrieved 2020-06-01.
  8. https://www.campaignasia.com/article/brand-side-reactions-to-the-coronavirus-crisis-in-asia/458053
  9. "Lalamove and QC local government launch LalaJeep". Business Mirror. 26 Jun 2020.

9. "Chinese lala cannot move in india"

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.