Lalamove
Lalamove is an on-demand logistics platform that connects merchants and drivers through a closed-loop digital marketplace for same-day and pre-scheduled freight delivery. Operating under the Lalamove brand in Hong Kong and international markets, and Huolala in mainland China, the company operates a two-sided platform enabling drivers to fulfill delivery orders with integrated payment, tracking, and settlement. As of June 2025, the company operates in over 400 cities across 14 major global markets including Southeast Asia, mainland China, Latin America, Europe, Middle East, and Africa, holding a 53.3% market share in closed-loop freight gross transaction value globally.
Public Company
Lalamove is publicly traded
IPO'd on Oct 27, 2025
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2013
Total Funding
$3.46B
9 rounds
Last Private Valuation
$10B
Jan 2021
Secondary Signals
1 signalFiled seventh Hong Kong IPO application Apr 30 2026; 2025 revenue $2.14B, GTV $12.36B, margins compressing
IPO process advancing but margin compression and redemption overhang cloud eventual pricing
Funding
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Rounds in grey italics are unconfirmed.
Total raised $3.46B across 9 rounds
Last updated 08-05-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Apr 30, 2026 | Pre-IPO / IPO filing (rumored / pending) | $1B | — | TBD |
| Jan 2021 | Series F | $1.5B | $10B | Hillhouse Capital |
| Dec 22, 2020 | Series E TechCrunch | $515M | $8B | Sequoia Capital China |
Valuation Trajectory
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series C
$1B
Oct 2017
Lalamove today
$10B
Jan 2021 · latest mark
Lalamove multiple
10.0x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Prominent Investors
Leadership
Shing Chow
Founder and Chief Executive Officer
Paul Loo
Chief Operating Officer
John H K Tang
Co-Founder
Gary Hui
Co-Founder
Santit Jirawongkraisorn
Co-Founder
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Grab
Ride-hailing and delivery platform with GrabExpress same-day delivery service utilizing motorcycle couriers across Southeast Asia.
GOGOX
Logistics and transportation platform providing van and truck hiring services with delivery options for documents, small items, and larger goods across multiple markets.
Go-Jek
On-demand services platform offering same-day delivery via GoKilat service across Southeast Asia.
Ninja Van
Tech-enabled logistics company specializing in e-commerce express logistics with delivery solutions for SMEs and enterprises.
Flash
On-demand delivery service competing in the same-day logistics space across Asian markets.
Transportify
On-demand delivery and logistics platform offering same-day delivery services in Southeast Asia.
Lalamove Investment FAQ
Lalamove FAQ
Lalatech Holdings Limited (parent company of Lalamove) filed for Hong Kong IPO, with updated listing application filed on October 27, 2025. The company previously pursued a USD 1 billion US IPO but switched to Hong Kong exchange. As of H1 2025, the company reported 17.7% YoY growth in GTV to $5.97B and 34.3% growth in globally fulfilled orders to 455 million. 2024 revenue reached $1.593B with 19% YoY growth, and adjusted net profit approximately $400-500M.
Lalamove shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Lalamove went public in Oct 27, 2025 via ipo, with an offering valuation of approximately $10B. Lalatech Holdings Limited (parent company of Lalamove) filed for Hong Kong IPO, with updated listing application filed on October 27, 2025. The company previously pursued a USD 1 billion US IPO but switched to Hong Kong exchange. As of H1 2025, the company reported 17.7% YoY growth in GTV to $5.97B and 34.3% growth in globally fulfilled orders to 455 million. 2024 revenue reached $1.593B with 19% YoY growth, and adjusted net profit approximately $400-500M.
Lalamove raised $3.46B across 9 disclosed funding rounds prior to its public listing.
Lalamove was co-founded by Shing Chow, John H K Tang, Gary Hui, and 1 others in 2013.
Lalamove is headquartered in Hong Kong.
Access live market data
Sign UpData collected with AI, which can make mistakes. Please double-check this information.