Hong Kong logistics startup Lalamove raises US$30 million for major expansion

Often dubbed ‘Uber for logistics’, Lalamove says it is close to profitability

The Hong Kong-based logistics startup Lalamove has raised a US$30 million Series B to facilitate its expansion to over 100 cities in Asia by the end of the year.

It currently operates in 45 cities across China and Southeast Asia.

The latest round brings the company’s total funding to US$60 million since it was launched in 2013 (called EasyVan back then).

The round was led by Xianghe Capital from Beijing...

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