Lalamove
| Company type | Private |
|---|---|
| Industry | Logistics, Delivery services |
| Founded | December 1, 2013 in Hong Kong |
| Founder | Chow Shing-yuk |
| Headquarters | Hong Kong , Hong Kong |
Area served | Asia, Latin America |
| Products | Delivery and logistics services |
Lalamove is a logistics and delivery service provider primarily active in Asia and select regions of Latin America. Its operations span multiple urban centers such as Hong Kong, Taipei, Singapore, Kuala Lumpur, Manila, Cebu, Bangkok, Pattaya, Ho Chi Minh City, Hanoi, Jakarta, Dhaka, São Paulo, Rio de Janeiro, and Mexico City. The firm expanded into the Indian market in 2018 but faced a ban in 2020 amid increasing limitations on Chinese technology companies.
History
Established in Hong Kong in December 2013 by Chow Shing-yuk, the company originally operated under the name Easyvan before adopting the Lalamove brand in 2014. It rapidly grew its footprint throughout Asia, debuting in Singapore in 2014, followed by launches in Bangkok and Taipei in 2015. By 2018, Lalamove was active in eleven Southeast Asian cities and had commenced operations in India. The company further extended its reach to Dhaka, Bangladesh, in 2022.
In 2019, Lalamove ventured outside Asia by entering Latin American markets including São Paulo, Rio de Janeiro, and Mexico City. That year also saw the company raise US$300 million through a Series D funding round. In March 2020, it made its inaugural strategic investment by supporting the logistics startup Inteluck.
Amid the COVID-19 crisis, Lalamove introduced its Deliver Care corporate social responsibility initiative, offering complimentary delivery of vital goods to NGOs and frontline personnel, impacting over 86,000 individuals. Additionally, it collaborated with Quezon City’s local government to roll out LalaJeep, a delivery service designed to assist jeepney drivers who were displaced by the pandemic.
On 24 November 2020, Lalamove was among 45 Chinese apps prohibited from operating in India due to national security concerns.
In January 2022, regulatory authorities in Shanghai summoned Lalamove along with other cargo delivery platforms concerning unauthorized freight services. The company was instructed to resolve issues related to pricing transparency, membership charges, unfair competition practices, and regulatory adherence. It was one of eight companies that received warnings from China’s Ministry of Transportation regarding these matters.