Lalamove

The company was founded in Hong Kong in December 2013 by Chow Shing-yuk.{{cite news |last1=Leung |first1=Hannah |title=Lalamove Scores $100M Investment From China: Is This Hong Kong's Next Unicorn? |url=https://www.forbes.com/sites/hannahleung/2017/10/10/lalamove-scores-100m-investment-from-china-is-this-hong-kongs-next-unicorn/ |access-date=16 February 2019 |work=Forbes |date=10 October 2017 |language=en}} Originally called Easyvan, the company was renamed Lalamove in 2014.{{cite web |url=https://www.techinasia.com/hong-kongs-easyvan-rebrands-as-lalamove-just-in-time-for-launch-in-bangkok |title=Hong Kon's Easyvan rebrands as Lalamove just in time for launch in Bangkok |last=Horwitz |first=Josh |date=27 November 2014 |website=www.techinasia.com |publisher=Tech in Asia}} They quickly expanded to new markets, with Singapore in 2014, and to Bangkok & Taipei by 2015. By 2018, Lalamove was present in 11 cities across Southeast Asia and also commenced operations in India. In 2022, Lalamove launched their operation in Dhaka, Bangladesh.{{Cite news |title=Lalamove launches in Bangladesh |work=The Daily Star |url=https://www.thedailystar.net/tech-startup/news/lalamove-launches-bangladesh-3104301%3famp}}{{Cite news |title=Delivery platform Lalamove launches in Bangladesh |work=Dhaka Tribune |url=https://www.dhakatribune.com/business/2022/08/25/delivery-platform-lalamove-launches-in-bangladesh}}

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.{{cite web |url=https://www.techinasia.com/lalamove-hauls-300m-sequoia-hillhouseled |title=Lalamove hauls in $300m from Sequoia China and Hillhouse, plans vehicle leasing biz |last=Ellis |first=Jack |date=21 February 2019 |website=www.techinasia.com |publisher=Tech in Asia |access-date=22 May 2020 }}

In March 2020, Lalamove made its first strategic investment by participating in a pre-series B funding round for logistics company Inteluck.{{cite web |url=https://www.techinasia.com/inteluck-5m-round |title=Lalamove backs logistics startup Inteluck in $5m round led by MindWorks |last=Yu |first=Doris |date=31 March 2020 |website=www.techinasia.com |publisher=Tech in Asia |access-date=15 April 2020 }}

During the COVID-19 epidemic in 2020, Lalamove launched its Deliver Care CSR initiative to provide free delivery to NGOs.{{Cite web|title=Lalamove reveals details of Asia-wide COVID-19 relief CSR programme|url=https://www.marketing-interactive.com/lalamove-reveals-details-of-asia-wide-covid-19-relief-csr-programme|website=www.marketing-interactive.com|date=June 2020 |language=en-gb|access-date=1 June 2020}} 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.{{Cite web|url=https://www.campaignasia.com/article/brand-side-reactions-to-the-coronavirus-crisis-in-asia/458053|title = Brand-side reactions to the coronavirus crisis in Asia | Marketing}} Lalamove also partnered with Quezon City local government in the Philippines 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.{{Cite web|title=Lalamove and QC local government launch LalaJeep|url=https://businessmirror.com.ph/2020/06/26/lalamove-and-qc-local-government-launch-lalajeep/|website=Business Mirror|date=26 June 2020}}

On 24 November 2020, the Government of India banned 45 Chinese apps, including Lalamove, from operating in India, citing security concerns.{{Cite web|title=Chinese Lala cannot move in India- Business News|url=https://www.businesstoday.in/technology/news/chinese-lala-cannot-move-in-india/story/423107.html|access-date=17 December 2020|website=www.businesstoday.in|date=26 November 2020 }}

In January 2022, reports emerged that Lalamove, along with cargo delivery subsidiaries of DiDi and 58.com, had been summoned by local transportation regulators in Shanghai, after a rising number of cases of drivers providing illegal freight services were noted to originate from the platforms. Lalamove was ordered to rectify these practices that the authorities described as “damage that stems from disorderly expansion". In the same month, Lalamove had already been one of eight companies to be summoned by China's Ministry of Transportation and warned about unclear pricing schemes, rising membership fees, unfair competition, and illegal transportation.{{Cite web|date=2022-01-25|title=Chinese cargo delivery platforms are in the hot seat after failing to review driver credentials|url=https://kr-asia.com/chinese-cargo-delivery-platforms-are-in-the-hot-seat-after-failing-to-review-driver-credentials|access-date=2022-01-26|website=KrASIA|language=en}}

• GoGoVan
• List of unicorn startup companies

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Category:Logistics companies of Hong Kong

Category:Transport companies established in 2013

Category:Distribution (marketing)

Category:Shopping delivery services

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