Lalamove

An online logistics platform that matches merchants and individuals with independent carriers for freight, less-than-truckload and home-moving services. It operates as Huolala in Mainland China and as Lalamove in Hong Kong and overseas markets.

Mobility & logisticsOn-demand freight and logistics marketplaceHong Kong, China
FoundersSince 2013
Valuation
$10B
Total raised
$2.7B
Last round · Feb 2022
Series G
Founded
2013
Employees
9,166
Quarters in VP50
3

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #37, in Q1 2021.

Funding rounds

DateRound · leadRaisedValuation
Feb 28, 2022Series G$230M—
Jan 20, 2021Series F · Hillhouse capital, Sequoia Capital China$1.6B$10B
Dec 22, 2020Series E · Sequoia Capital China$205M—
Dec 22, 2020Series E2 · Sequoia Capital China$310M—
Feb 22, 2019Series D · Hillhouse Capital$120M—
Feb 22, 2019Series D2 · Sequoia China$121M—
Oct 10, 2017Series C · ShunWei Capital$61M—
Jan 10, 2017Series B · Xianghe Capital$26M—
Jul 11, 2016Series Pre-B$8M—
Sep 8, 2015Series A+ · MindWorks Ventures$7M—
Jan 5, 2015Series A · Crystal Stream Capital$6M—

Team