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Lalamove

Full company profile

uuid0000oy3

Namestring
Lalamove
Legal namestring
Lalamove
Websiteurl
lalamove.com
Company typeenum
Private
Founded yearint
2013
Descriptiontext

Lalamove is a Hong Kong-headquartered on-demand delivery and logistics platform founded in 2013, operating a two-sided mobile-application marketplace that connects driver partners with SME and individual customers requiring same-day courier, van, and freight services. The core product surface spans same-day delivery and courier services, heavy-capacity 1-ton and 3-ton truck hire, and a shared delivery pooling add-on, with operations across at least ten markets including Hong Kong, mainland China, Southeast Asia (Indonesia and others), Japan, the United Arab Emirates, and Brazil. Underlying capabilities include algorithm-based freight pricing, new energy vehicle fleet integration (reaching a 67% order fulfillment rate in China and exceeding the company's own 2028 environmental target ahead of schedule), and integrations with financial-infrastructure partners such as HSBC's Omni Collect and Merchant Box for multi-currency digital payments.

Lalamove monetizes primarily through a transaction-based commission model on driver earnings, historically around 20%, with usage-based delivery fees charged to customers. The company distributes via a self-serve mobile app targeting SMEs and consumers, supplemented by direct SME partnerships and event-driven B2B/public-sector channels. Headcount sits in the 1,001-5,000 range, and the company has raised approximately $2.48 billion across nine disclosed funding rounds, the most recent being a $1.5 billion Series 3 in January 2021 led by Hillhouse Investment and HSG. Recent strategic priorities include UAE nationwide scale-up, heavy-truck and pooled-delivery product launches, sustainability positioning (ISO 27701 and IFRS S2 certifications), and compliance with Chinese SAMR antitrust rectification requirements that have forced commission cuts and a 120 million yuan refund to drivers.

Short descriptiontext

Lalamove is a Hong Kong-headquartered on-demand delivery and logistics platform operating across Asia, the Middle East, and Latin America, connecting SME and individual customers with driver partners for same-day courier and freight services via a mobile-app marketplace.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersHong Kong, Hong Kong SAR China
HQ citystring
Hong Kong
HQ countrystring
Hong Kong SAR China
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
on-demand delivery, same-day courier, last-mile logistics, van truck hire, delivery marketplace
Industry2 codes
1On-Demand/Flexible Term Last-Mile Fleet Rental (Daily/Weekly/Seasonal)
CodeTLABAGAGPrimaryYes
2Last-Mile Fleet Sharing & Pooling (Multi-tenant/shared fleets)
CodeTLABAGAJPrimaryNo
NAICS code3 codes
  • Local Messengers and Local Delivery4922
  • Automotive Equipment Rental and Leasing5321
  • Freight Transportation Arrangement4885
SIC code2 codes
  • Trucking & Courier Services (No Air)4210
  • Services-Auto Rental & Leasing (No Drivers)7510
Product category
On-Demand Delivery Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Platform Commission
TypeTransaction Fee
Description

Lalamove takes commission fees from driver partners for platform access and order matching. The company historically operated at approximately 20% commission rates, though regulatory changes in Indonesia now cap commissions at 8%, and the Chinese regulator demanded commission reductions. The company refunded 120 million yuan in alleged unreasonable charges to drivers.

2Delivery Services Revenue
TypeUsage Based
Description

Revenue generated from providing delivery and logistics services to customers including heavy-capacity 1-ton and 3-ton trucks, and shared delivery pooling options for SMEs and local businesses.

logisticsgulf.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Technology or R&D, Personnel, Marketing or Sales, Others
Pricing details1 tier
1Platform commission from driver partners
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Company historically took approximately 20% commission from drivers. Following Chinese SAMR regulatory requirements, Lalamove agreed to lower commissions. Indonesia's Presidential Regulation No. 27/2026 caps ride-hailing platform commissions at 8%.

GTM typeB2B and B2C
B2B and B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

Lalamove operates an on-demand delivery and logistics platform connecting customers with independent driver partners via a mobile application. The company provides same-day courier services, van and truck hire (including heavy-capacity 1-ton and 3-ton vehicles), and shared delivery pooling options. Its primary focus is serving SMEs and individual consumers requiring flexible, immediate logistics capacity across Asia, the Middle East, and other international markets.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Achieved 2028 environmental target ahead of schedule with new energy vehicle order fulfillment exceeding 60%
+3 more records
Product overview1 text field

Lalamove is an on-demand delivery and logistics platform offering same day courier services and vehicle hire. The core offering consists of Same Day Delivery & Courier Services supported by a network of vans and trucks. The platform provides Heavy-Capacity Truck Hire (1-ton and 3-ton vehicles) for larger shipments and a Delivery Pooling add-on for shared logistics optimization. The platform connects drivers with businesses and individuals requiring flexible logistics solutions, with particular focus on serving SMEs.

Product and service3 records
1Same Day Delivery & Courier Services
CategoryCore Delivery Service
Description

On-demand same-day delivery and courier services allowing customers to hire vans and trucks for immediate delivery needs via the Lalamove mobile application.

2Heavy-Capacity Truck Hire (1-ton and 3-ton)
CategoryVehicle Hire Service
Description

Truck rental services offering heavy-capacity vehicles (1-ton and 3-ton) for larger delivery requirements, serving SME supply chain needs.

3Delivery Pooling
CategoryLogistics Optimization Service
Description

Shared delivery pooling option that allows multiple customers to share delivery capacity, optimizing logistics costs for users.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
1Nakame Circular Challenge 2026
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-04-02
Description

Lalamove Japan participated as official delivery partner in the Nakame Circular Challenge 2026 environmental initiative, focusing on waste reduction and recycling during cherry blossom season. The partnership emphasized eco-friendly logistics platform capabilities and created B2B and public-sector logistics opportunities.

tipranks.com
Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Hong Kong-headquartered on-demand van and truck delivery platform founded in 2013. Closest direct competitor to Lalamove in the Asia-Pacific same-day logistics and commercial vehicle hiring market, sharing business model, target customers (SMEs), and product offerings.

TypeBroad incumbent
Description

Southeast Asian super-app offering ride-hailing, food delivery, and parcel delivery services. Competes with Lalamove in Southeast Asia with much broader consumer-facing offerings and deeper capital base, but overlaps on last-mile delivery and SME logistics.

TypeBroad incumbent
Description

Indonesia-based super-app (now part of GoTo) providing ride-hailing, food delivery, and logistics services. Direct overlap with Lalamove in Indonesian last-mile delivery market with broader consumer offerings.

TypeBroad incumbent
Description

China's dominant local services super-app with extensive on-demand delivery and merchant logistics operations. Competes with Lalamove in China with vastly larger scale and food-delivery synergy.

TypeBroad incumbent
Description

Global ride-hailing and delivery platform (Uber Direct for package delivery). Overlaps with Lalamove on commercial courier services and on-demand logistics across multiple shared markets.

TypeRegional player
Description

China's leading ride-hailing platform that has expanded into freight and intra-city logistics. Competes with Lalamove in China on driver-based on-demand mobility and delivery.

TypeDirect peer
Description

US-focused on-demand delivery platform connecting merchants with customers via independent driver network. Same marketplace business model and SME/merchant customer base as Lalamove, though geographically separate.

TypeDirect peer
Description

On-demand food and parcel delivery platform operating across multiple markets. Shares Lalamove's marketplace model and SME merchant focus, particularly relevant for European operations.

TypeBroad incumbent
Description

Alibaba's logistics arm providing last-mile, domestic, and cross-border fulfillment. Competes with Lalamove in China on intra-city logistics and SME merchant services at much larger scale.

10Lalamove Brazil (CargoX / 99)
TypeRegional player
Description

99 (now owned by Didi) is a major Brazilian ride-hailing and delivery platform. Regional peer to Lalamove in Brazil's on-demand delivery and van/truck logistics segment.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds9 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors21 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Lalamove

On-Demand Delivery Serviceslalamove.com

Lalamove is a Hong Kong-headquartered on-demand delivery and logistics platform operating across Asia, the Middle East, and Latin America, connecting SME and individual customers with driver partners for same-day courier and freight services via a mobile-app marketplace.

What Lalamove does

Lalamove is a Hong Kong-headquartered on-demand delivery and logistics platform founded in 2013, operating a two-sided mobile-application marketplace that connects driver partners with SME and individual customers requiring same-day courier, van, and freight services. The core product surface spans same-day delivery and courier services, heavy-capacity 1-ton and 3-ton truck hire, and a shared delivery pooling add-on, with operations across at least ten markets including Hong Kong, mainland China, Southeast Asia (Indonesia and others), Japan, the United Arab Emirates, and Brazil. Underlying capabilities include algorithm-based freight pricing, new energy vehicle fleet integration (reaching a 67% order fulfillment rate in China and exceeding the company's own 2028 environmental target ahead of schedule), and integrations with financial-infrastructure partners such as HSBC's Omni Collect and Merchant Box for multi-currency digital payments.

Lalamove monetizes primarily through a transaction-based commission model on driver earnings, historically around 20%, with usage-based delivery fees charged to customers. The company distributes via a self-serve mobile app targeting SMEs and consumers, supplemented by direct SME partnerships and event-driven B2B/public-sector channels. Headcount sits in the 1,001-5,000 range, and the company has raised approximately $2.48 billion across nine disclosed funding rounds, the most recent being a $1.5 billion Series 3 in January 2021 led by Hillhouse Investment and HSG. Recent strategic priorities include UAE nationwide scale-up, heavy-truck and pooled-delivery product launches, sustainability positioning (ISO 27701 and IFRS S2 certifications), and compliance with Chinese SAMR antitrust rectification requirements that have forced commission cuts and a 120 million yuan refund to drivers.

Lalamove firmographics

Firmographics
Name
Lalamove
Legal name
Lalamove
Website
https://lalamove.com
Company type
Private
Founded year
2013
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Lalamove is a Hong Kong-headquartered on-demand delivery and logistics platform operating across Asia, the Middle East, and Latin America, connecting SME and individual customers with driver partners for same-day courier and freight services via a mobile-app marketplace.
Ownership category
akta.pro rank

Lalamove industry classification

Industry
Product category
On-Demand Delivery Services
NAICS
Local Messengers and Local Delivery (4922), Automotive Equipment Rental and Leasing (5321), Freight Transportation Arrangement (4885)
SIC
Trucking & Courier Services (No Air) (4210), Services-Auto Rental & Leasing (No Drivers) (7510)
akta.pro primary industry
On-Demand/Flexible Term Last-Mile Fleet Rental (Daily/Weekly/Seasonal) (TLABAGAG)
akta.pro secondary industry
Last-Mile Fleet Sharing & Pooling (Multi-tenant/shared fleets) (TLABAGAJ)

Keywords

  • On-demand delivery
  • Same-day courier
  • Last-mile logistics
  • Van truck hire
  • Delivery marketplace

Where Lalamove is headquartered

Location

Headquarters

HQ city
Hong Kong
HQ country
Hong Kong SAR China
HQ region
Asia

Offices2 records

Markets served

Lalamove business model

Business model
GTM type
B2B and B2C
Offering type
Digital Commerce or Content
Cost components
Operations, Technology or R&D, Personnel, Marketing or Sales, Others

Revenue model

  1. Platform Commission: Lalamove takes commission fees from driver partners for platform access and order matching. The company historically operated at approximately 20% commission rates, though regulatory changes in Indonesia now cap commissions at 8%, and the Chinese regulator demanded commission reductions. The company refunded 120 million yuan in alleged unreasonable charges to drivers.
  2. Delivery Services Revenue: Revenue generated from providing delivery and logistics services to customers including heavy-capacity 1-ton and 3-ton trucks, and shared delivery pooling options for SMEs and local businesses.

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goPlatform commission from driver partners

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Lalamove product offering

Product offering

Core offering

Lalamove operates an on-demand delivery and logistics platform connecting customers with independent driver partners via a mobile application. The company provides same-day courier services, van and truck hire (including heavy-capacity 1-ton and 3-ton vehicles), and shared delivery pooling options. Its primary focus is serving SMEs and individual consumers requiring flexible, immediate logistics capacity across Asia, the Middle East, and other international markets.

Product overview

Lalamove is an on-demand delivery and logistics platform offering same day courier services and vehicle hire. The core offering consists of Same Day Delivery & Courier Services supported by a network of vans and trucks. The platform provides Heavy-Capacity Truck Hire (1-ton and 3-ton vehicles) for larger shipments and a Delivery Pooling add-on for shared logistics optimization. The platform connects drivers with businesses and individuals requiring flexible logistics solutions, with particular focus on serving SMEs.

Differentiator

Problem solved

Functional benefit

Products and services

  • Same Day Delivery & Courier Services On-demand same-day delivery and courier services allowing customers to hire vans and trucks for immediate delivery needs via the Lalamove mobile application.
  • Heavy-Capacity Truck Hire (1-ton and 3-ton) Truck rental services offering heavy-capacity vehicles (1-ton and 3-ton) for larger delivery requirements, serving SME supply chain needs.
  • Delivery Pooling Shared delivery pooling option that allows multiple customers to share delivery capacity, optimizing logistics costs for users.

Quantifiable outcome

  • Achieved 2028 environmental target ahead of schedule with new energy vehicle order fulfillment exceeding 60%
  • +3 more outcomes

Companies that use Lalamove

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles3 records

Lalamove technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Lalamove partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Nakame Circular Challenge 2026minorStrategic or Co-development Partner · 2 April 2026Lalamove Japan participated as official delivery partner in the Nakame Circular Challenge 2026 environmental initiative, focusing on waste reduction and recycling during cherry blossom season. The partnership emphasized eco-friendly logistics platform capabilities and created B2B and public-sector logistics opportunities.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Lalamove competitors and assessment

Company assessment

Direct peers

  • GoGoX: Hong Kong-headquartered on-demand van and truck delivery platform founded in 2013. Closest direct competitor to Lalamove in the Asia-Pacific same-day logistics and commercial vehicle hiring market, sharing business model, target customers (SMEs), and product offerings.
  • DoorDash: US-focused on-demand delivery platform connecting merchants with customers via independent driver network. Same marketplace business model and SME/merchant customer base as Lalamove, though geographically separate.
  • Deliveroo: On-demand food and parcel delivery platform operating across multiple markets. Shares Lalamove's marketplace model and SME merchant focus, particularly relevant for European operations.

Broad incumbents

  • Grab: Southeast Asian super-app offering ride-hailing, food delivery, and parcel delivery services. Competes with Lalamove in Southeast Asia with much broader consumer-facing offerings and deeper capital base, but overlaps on last-mile delivery and SME logistics.
  • Gojek: Indonesia-based super-app (now part of GoTo) providing ride-hailing, food delivery, and logistics services. Direct overlap with Lalamove in Indonesian last-mile delivery market with broader consumer offerings.
  • Meituan: China's dominant local services super-app with extensive on-demand delivery and merchant logistics operations. Competes with Lalamove in China with vastly larger scale and food-delivery synergy.
  • Uber: Global ride-hailing and delivery platform (Uber Direct for package delivery). Overlaps with Lalamove on commercial courier services and on-demand logistics across multiple shared markets.
  • Cainiao Network: Alibaba's logistics arm providing last-mile, domestic, and cross-border fulfillment. Competes with Lalamove in China on intra-city logistics and SME merchant services at much larger scale.

Regional players

  • Didi Chuxing: China's leading ride-hailing platform that has expanded into freight and intra-city logistics. Competes with Lalamove in China on driver-based on-demand mobility and delivery.
  • Lalamove Brazil (CargoX / 99): 99 (now owned by Didi) is a major Brazilian ride-hailing and delivery platform. Regional peer to Lalamove in Brazil's on-demand delivery and van/truck logistics segment.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Lalamove social profiles

Digital presence

Lalamove compliance and trust

Trust signal

Compliance1 record

Lalamove financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Lalamove leadership team

Management profile

Number of profiles

Profiles9 records

Lalamove funding detail

Funding detail

Funding overview

Funding rounds9 records

Investors21 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Lalamove M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lalamove

What does Lalamove do?

Lalamove operates an on-demand delivery and logistics platform connecting customers with independent driver partners via a mobile application. The company provides same-day courier services, van and truck hire (including heavy-capacity 1-ton and 3-ton vehicles), and shared delivery pooling options. Its primary focus is serving SMEs and individual consumers requiring flexible, immediate logistics capacity across Asia, the Middle East, and other international markets.

Is Lalamove a public or private company?

Lalamove is a private company. It is classified as venture growth investor backed and is currently operating.

When was Lalamove founded?

Lalamove was founded in 2013. It employs 1,001 to 5,000 people.

Where is Lalamove based?

Lalamove is headquartered in Hong Kong, Hong Kong SAR China, in the Asia region.

How does Lalamove make money?

Two revenue lines are on record. Platform Commission is the primary driver. The others are delivery Services Revenue.

Who are Lalamove's main competitors?

Direct peers on record are GoGoX, DoorDash and Deliveroo. Broad incumbents are Grab, Gojek, Meituan, Uber and Cainiao Network. Regional players are Didi Chuxing and Lalamove Brazil (CargoX / 99).

Does Lalamove have an API?

No public API is recorded for Lalamove.

What industry is Lalamove in?

Lalamove's product category is On-Demand Delivery Services. Its primary akta.pro industry code is TLABAGAG, On-Demand/Flexible Term Last-Mile Fleet Rental (Daily/Weekly/Seasonal), with a secondary code of TLABAGAJ, Last-Mile Fleet Sharing & Pooling (Multi-tenant/shared fleets). Its NAICS code is 4922 and its SIC code is 4210.

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Live signals
BusinessWorld OnlineThe rising cost of moving goods — and the on-demand option more companies are takingLalamove Philippines offers on-demand logistics for enterprises, addressing unplanned delivery costs. The OECD cites logistics at 27% of wholesale prices in the Philippines, and Lalamove provides insured business deliveries up to ₱75,000 with optional coverage up to ₱8 million.Bangkok PostAgency steps in over Lalamove driver disputeLalamove delivery drivers in Thailand gathered at the Ministry of Digital Economy and Society on August 21 to lodge complaints over alleged cuts to delivery fees and inadequate welfare, according to a report. The Electronic Transactions Development Agency will work with the Ministry to seek a solution. The article does not disclose the drivers' specific demands or a timeline.Manila BulletinFetus found inside donation box at Malate ChurchA female fetus estimated to be six to eight months old was discovered inside a donation box at Malate Church in Manila on August 22. The box, which contained clothes and a Similac milk supplement container, had been delivered the previous night by a woman identifying herself as a Lalamove rider acting on behalf of an individual named “Mam Cora.” The Manila Police District Homicide Section has taken over the investigation to identify the delivery person and the source of the donation.South China Morning PostHong Kong’s Lalamove, EY team up to shape ‘low-altitude economy’. What’s the plan? | South China Morning PostHong Kong delivery company Lalamove has partnered with professional services firm EY to develop low-altitude economy solutions, specifically a drone delivery platform leveraging Lalamove's logistics infrastructure and EY's advisory services in planning, risk, governance, and tax advisory. The initiative uses drones sourced from Ningbo-based Yixin Smart Technology Company, capable of carrying 4.5kg packages over 12-18km distances, as part of Hong Kong's regulatory sandbox project for low-altitude test flights. The collaboration is among 38 approved pilot projects under the sandbox scheme, with the companies targeting large enterprises in Hong Kong, the Greater Bay Area, and selected Asia-Pacific markets, while full commercial deployment remains contingent on regulatory approvals expected by 2027-2028.YicaiglobalChina Fines Seven Major Platforms USD530 Million in First-Half Crackdown on “Phantom Delivery”China's State Administration for Market Regulation imposed fines and confiscations totaling CNY3.6 billion (USD530 million) on seven of the country's largest e-commerce and delivery platforms in the first half of the year for failing to prevent "phantom delivery" merchants from operating without legitimate physical premises. The legal representatives and food safety directors of Pinduoduo, Meituan, JD.com, Ele.me, Douyin, Taobao, and Tmall were also separately fined CNY19.6 million (USD2.9 million) for their role in enabling the fraudulent vendors. SAMR also disclosed ongoing enforcement actions including Lalamove's antitrust compliance measures, conditionally approved Tencent's acquisition of Ximalaya, and continued investigation into Trip.com's monopoly case.The Business TimesChinese regulator asks Lalamove to make changes to comply with antitrust rulesChina's State Administration for Market Regulation (SAMR) oversaw Lalamove's compliance with anti-monopoly rules after summoning the Hong Kong-based delivery and logistics firm in September. The regulator demanded Lalamove stop using algorithms to cut freight prices to unreasonably low levels, refund 120 million yuan in alleged unreasonable charges to drivers, and lower commissions taken from drivers. Lalamove said it had "completely accepted" the regulator's requirements and made the necessary changes.DevdiscourseChinese regulator asks Lalamove to make changes to comply with antitrust rulesChina's market regulator said it oversaw efforts by delivery and logistics firm Lalamove to comply with anti-monopoly rules following a review. The regulator asked Lalamove to make changes to meet antitrust requirements. The article provides no additional details about the specific compliance issues or timeline for implementation.LogisticsGulfOn-demand delivery platform Lalamove expands support for SMEs with new customer servicesLalamove has launched two new delivery services in the UAE—heavy-capacity 1-ton and 3-ton trucks plus a shared delivery pooling option—marking the completion of its first year of operations with nationwide expansion across all seven emirates. The platform grew its driver partner network tenfold, expanded from a Dubai-only service to nationwide coverage, and served more than 50,000 users, exceeding its initial first-year targets. The company opened a new Dubai office to support its continued growth as a flexible logistics partner for local SMEs managing supply chain needs, particularly during peak seasonal periods.ZawyaLalamove expands support for SMEs with new services after strong first-year growth in the UAELalamove launched two new services in the UAE, expanding from Dubai to all seven emirates and growing its driver network tenfold. The company added 1-ton and 3-ton trucks and a shared delivery service to support SMEs, with the UAE's e-commerce market projected to reach $9.2 billion by 2026.JiemianNet profit halved in three years, Huolala fights a desperate battleHuolala submitted its eighth IPO prospectus to the Hong Kong Stock Exchange in April 2026, after its U.S. listing was shelved in 2021. Revenue rose to $2.139 billion in 2025, but net profit fell to $447 million from $973 million in 2023, with gross margin dropping to 50.5%. The company faces a November 8, 2026 deadline to avoid restoring redemption rights on $4.818 billion in preferred shares.