Lalamove Overview
Pro stress-test →Lalamove is an on-demand logistics platform that connects drivers with customers and SME businesses to fulfill same-day deliveries through van-hailing and courier services operating on a 24/7 basis with instant matching, real-time vehicle tracking, and driver ratings. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a pool of over 700,000 driver-partners.
Strategic Profile
Pro stress-test →Founded in Hong Kong in 2013, Lalamove has raised more than $2.5B and was last valued at around $10B; in 2025 it filed for a Hong Kong IPO under parent Lalatech. The company targets SMEs and enterprises seeking efficient intra-city logistics, competing in high-growth Asian and emerging Latin American markets with a technology-driven platform emphasizing speed and transparency.
Competitive Landscape
Pro stress-test →Top competitors include Cainiao, ZTO Express, and Parcellab. Other competitors include Ekart, Xpressbees, gojavas, ECMS Express, and Cargomatic. Lalamove differentiates through intra-city same-day delivery focus, 24/7 operations, and driver-partner incentive structures, competing against broader logistics networks (ZTO, Cainiao) and emerging quick-commerce platforms.
Industry Context
Lalamove operates in On-demand intra-city logistics and last-mile delivery.
Key facts
Founded: 2013 · Headquarters: Singapore · Employees: 6,531 · Revenue: N/A · Market cap: N/A