Lalamove raises 300 million dollars to become the benchmark for B2B delivery in Asia

by bold-lichterman

The amount

The society Lalamove, specializing in on-demand delivery for professionals, has completed a $ 300 million Series D funding round led by Hillhouse Capital and Sequoia China. On the occasion of this transaction, the company welcomes Eastern Bell Venture Capital and PV Capital to its capital, while the historical investors, ShunWei Capital, a company created by Lei Jun, the boss of Xiaomi, Xiang He Capital and MindWorks Ventures, have put back to the pot.Apple-converted-space “>

The market

Founded in 2013 by Shing Chow, Lalamove (formerly EasyVan) launched a platform that allows you to use a carrier, private or professional, to transport goods. Once the order has been placed, the company charters a vehicle according to the volume, size and nature of the goods to be transported. The Hong Kong-based company claims it delivers goods in less than an hour to cities where it operates. In short, it is a kind of Uber for B2B delivery in Asia.Apple-converted-space “>