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Overview
Lalamove is a technology-driven logistics platform that provides on-demand last-mile delivery in urban areas across Asia and the Americas. Its mobile app connects individuals and businesses with a network of drivers to handle fast or scheduled deliveries, ranging from small parcels to bulky items. Deliveries are priced based on distance, weight, and optional services like multiple stops. The service targets a wide range of customers, from individuals to small businesses and large enterprises, and aims to offer a seamless, efficient delivery experience by leveraging its driver network and digital platform.
About Lalamove
Industries
Data & Analytics
Automotive & Transportation
Consumer Software
Enterprise Software
Company Size
5,001-10,000
Company Stage
Series F
Total Funding
$2.5B
Headquarters
Sham Shui Po District, Hong Kong
Founded
2013
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Simplify's Take
What believers are saying
- October 2025 filings showed 1H25 adjusted profit up 27.4% to $272 million.
- 海外GTV rose 31% in 2025, proving international expansion is now a growth engine.
- The 30 April 2026 Hong Kong filing signals management still expects a public listing.
What critics are saying
- China regulators ordered antitrust changes, driver refunds, and lower commissions in June 2026.
- Safety controversies and illegal-goods delivery complaints keep exposing platform liability and trust gaps.
- If Hong Kong rejects the repeated IPO, Lalamove loses expansion capital and credibility.
What makes Lalamove unique
- Lalamove controls 53.1% of closed-loop freight GTV, dwarfing fragmented rivals in 2025.
- Its network spans 400-plus cities across 14 markets, including Turkey and the UAE.
- Heavy transaction volumes convert efficiently: 2025 revenue grew 31.8% on 17.7% GTV growth.
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Funding
Total Funding
$2.5B
Above
Industry Average
Funded Over
9 Rounds
Benefits
Remote Work Options
Paid Vacation
Flexible Work Hours
Wellness Program
Mental Health Support
Conference Attendance Budget
Professional Development Budget
Health Insurance
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Lalamove's parent company, Lala Technology, has reapplied for a Hong Kong stock listing amid a market upturn. Previously submitted in September and April, the application is backed by Goldman Sachs, BofA Securities, and JPMorgan. Lala Technology, supported by investors like Hillhouse and Sequoia China, became the top global closed-loop freight platform with a 53.9% market share. In H1, it turned profitable with a $184 million profit, reversing a $32.997 million loss from the previous year, and reported $709 million in revenue, an 18.2% increase.
The first two tranches of $1.3 billion was led by Hillhouse Capital, while the third tranche of $200 million is yet to be closed.
The Hong Kong-based startup reportedly raised US$1.3 billion in the first two tranches of its series F round, which was led by Hillhouse Capital.
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About Lalamove
Industries
Data & Analytics
Automotive & Transportation
Consumer Software
Enterprise Software
Company Size
5,001-10,000
Company Stage
Series F
Total Funding
$2.5B
Headquarters
Sham Shui Po District, Hong Kong
Founded
2013
Lalamove is Hiring for 15 Jobs on Simplify!
Find jobs on Simplify and start your career today