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Lalamove valuation, funding and investors

Lalamove works in courier and delivery services, based in Taipei, Taiwan. Founded in 2013, it has about 7,160 employees.

Series F
VALUATION · TODAY
$6.57B −12% after Series F
Range $1.67B – $21.71B · Grade D
TODAY
+12 MO
$10.00B
$20.00B
$30.00B
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series B $30.0M
Series C $100M
Series D $300M
Series E $515M
Series F $1.50B
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY7,163 employees
+16%6m growth
+33%1y growth
−28%2y growth
5,000
10k
15k
Data from Jan 2021
TODAY
Predicted in 1 yr $5.81B −12% vs today
Predicted next raise $2.39B if a round comes
Winding-down probability 59%
Last round
Series F · $1.50B · Jan 2021
Valuation at last round
$10.00B
Headcount
7,163 · up
Grade
D
Founded
2013
How VCMC values companies →

Lalamove valuation today

VCMC values Lalamove at $6.6B today, with a range of $1.7B to $21.7B and a grade of D. The valuation starts from its last funding round, a Series F round in Jan 2021.

Valuation by date (172 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Lalamove: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2013$2.02M$0.73M – $5.54M$2.12M (+5%)before first round–unknownD0%
1 Feb 2013$2.03M$0.74M – $5.57M$2.12M (+5%)before first round–unknownD0%
1 Mar 2013$2.03M$0.74M – $5.59M$2.13M (+5%)before first round–unknownD0%
1 Apr 2013$2.04M$0.74M – $5.61M$2.14M (+5%)before first round–unknownD0%
1 May 2013$2.05M$0.75M – $5.63M$2.15M (+5%)before first round–unknownD0%
1 Jun 2013$2.06M$0.75M – $5.65M$2.16M (+5%)before first round–unknownD0%
1 Jul 2013$2.07M$0.75M – $5.67M$2.16M (+5%)before first round–unknownD0%
1 Aug 2013$2.07M$0.76M – $5.70M$2.17M (+5%)before first round–unknownD0%
1 Sep 2013$2.08M$0.76M – $5.72M$2.18M (+5%)before first round–unknownD0%
1 Oct 2013$2.09M$0.76M – $5.74M$2.19M (+5%)before first round–unknownD0%
1 Nov 2013$2.10M$0.76M – $5.77M$2.20M (+5%)before first round–unknownD0%
1 Dec 2013$2.11M$0.77M – $5.79M$2.21M (+5%)before first round–unknownD0%
1 Jan 2014$2.12M$0.77M – $5.81M$2.22M (+5%)before first round–unknownD0%
1 Feb 2014$2.12M$0.77M – $5.83M$2.23M (+5%)before first round–unknownD0%
1 Mar 2014$2.13M$0.78M – $5.85M$2.23M (+5%)before first round–unknownD0%
1 Apr 2014$2.14M$0.78M – $5.88M$2.24M (+5%)before first round–unknownD0%
1 May 2014$2.15M$0.78M – $5.90M$2.25M (+5%)before first round–unknownD0%
1 Jun 2014$2.16M$0.79M – $5.92M$2.26M (+5%)before first round–unknownD0%
1 Jul 2014$2.16M$0.79M – $5.95M$2.27M (+5%)before first round–unknownD0%
1 Aug 2014$2.17M$0.79M – $5.97M$2.28M (+5%)before first round–unknownD0%
1 Sep 2014$2.18M$0.79M – $5.99M$2.29M (+5%)before first round–unknownD0%
1 Oct 2014$2.19M$0.80M – $6.02M$2.30M (+5%)before first round–unknownD0%
1 Nov 2014$2.20M$0.80M – $6.04M$2.30M (+5%)before first round–unknownD0%
1 Dec 2014$2.21M$0.80M – $6.06M$2.31M (+5%)before first round–unknownD0%
1 Jan 2015$2.22M$0.81M – $6.09M$2.32M (+5%)before first round–unknownD0%
1 Feb 2015$2.23M$0.81M – $6.11M$2.33M (+5%)before first round–unknownD0%
1 Mar 2015$2.23M$0.81M – $6.14M$2.34M (+5%)before first round–unknownD0%
1 Apr 2015$2.24M$0.82M – $6.16M$2.35M (+5%)before first round–unknownD0%
1 May 2015$2.25M$0.82M – $6.18M$2.36M (+5%)before first round–unknownD0%
1 Jun 2015$2.26M$0.82M – $6.21M$2.37M (+5%)before first round–unknownD0%
1 Jul 2015$2.27M$0.83M – $6.23M$2.38M (+5%)before first round–unknownD0%
1 Aug 2015$2.28M$0.83M – $6.26M$2.44M (+7%)before first round–unknownD0%
1 Sep 2015$2.29M$0.83M – $6.28M$2.51M (+10%)before first round–unknownD0%
1 Oct 2015$2.30M$0.84M – $6.31M$2.57M (+12%)before first round–unknownD0%
1 Nov 2015$2.30M$0.84M – $6.33M$2.64M (+15%)before first round–unknownD0%
1 Dec 2015$2.31M$0.84M – $6.36M$2.71M (+17%)before first round–unknownD0%
1 Jan 2016$2.32M$0.85M – $6.38M$2.78M (+20%)before first round–unknownD0%
1 Feb 2016$2.33M$0.85M – $6.41M$2.86M (+23%)before first round–unknownD0%
1 Mar 2016$2.34M$0.85M – $6.43M$2.93M (+25%)before first round–unknownD0%
1 Apr 2016$2.35M$0.86M – $6.46M$3.01M (+28%)before first round–unknownD0%
1 May 2016$2.36M$0.86M – $6.48M$3.09M (+31%)before first round–unknownD0%
1 Jun 2016$2.37M$0.86M – $6.51M$3.18M (+34%)before first round–unknownD0%
1 Jul 2016$2.38M$0.87M – $6.53M$3.26M (+37%)before first round–unknownD0%
1 Aug 2016$2.44M$0.89M – $6.71M$3.35M (+37%)before first round–unknownD0%
1 Sep 2016$2.51M$0.91M – $6.89M$3.44M (+37%)before first round–unknownD0%
1 Oct 2016$2.57M$0.94M – $7.07M$3.53M (+37%)before first round–unknownD0%
1 Nov 2016$2.64M$0.96M – $7.26M$3.62M (+37%)before first round–unknownD0%
1 Dec 2016$2.71M$0.99M – $7.45M$3.72M (+37%)before first round–unknownD0%
1 Jan 2017$2.78M$1.01M – $7.65M$3.82M (+37%)before first round–unknownD0%
11 Jan 2017$187M$122M – $425M$280M (+50%)after a round–unknownC0%
1 Feb 2017$191M$122M – $425M$280M (+46%)after a round–unknownC0%
1 Mar 2017$197M$122M – $425M$280M (+42%)after a round–unknownC0%
1 Apr 2017$204M$122M – $425M$280M (+37%)after a round–unknownC0%
1 May 2017$211M$122M – $425M$280M (+33%)after a round–unknownC0%
1 Jun 2017$218M$122M – $425M$280M (+28%)after a round–unknownC0%
1 Jul 2017$226M$122M – $425M$280M (+24%)after a round–unknownC0%
1 Aug 2017$233M$122M – $425M$280M (+20%)after a round–unknownC0%
1 Sep 2017$242M$122M – $425M$280M (+16%)after a round–unknownC0%
1 Oct 2017$250M$122M – $425M$280M (+12%)after a round–unknownC0%
12 Oct 2017$536M$377M – $988M$696M (+30%)after a round–unknownB0%
1 Nov 2017$543M$377M – $988M$696M (+28%)after a round–unknownB0%
1 Dec 2017$555M$377M – $988M$696M (+25%)after a round–unknownB0%
1 Jan 2018$568M$377M – $988M$696M (+23%)after a round–unknownB0%
1 Feb 2018$581M$377M – $988M$696M (+20%)after a round–unknownB0%
1 Mar 2018$592M$377M – $988M$696M (+17%)after a round–unknownB0%
1 Apr 2018$606M$377M – $988M$696M (+15%)after a round–unknownB0%
1 May 2018$619M$377M – $988M$696M (+12%)after a round–unknownB0%
1 Jun 2018$633M$377M – $988M$696M (+10%)after a round–unknownB0%
1 Jul 2018$647M$377M – $988M$696M (+8%)after a round–unknownB0%
1 Aug 2018$661M$377M – $988M$696M (+5%)after a round–unknownB0%
1 Sep 2018$676M$377M – $988M$696M (+3%)after a round–unknownB0%
1 Oct 2018$691M$377M – $988M$696M (+1%)after a round–unknownB0%
1 Nov 2018$696M$366M – $988M$696M (0%)after a round–unknownB0%
1 Dec 2018$696M$350M – $988M$696M (0%)after a round–unknownB0%
1 Jan 2019$696M$334M – $988M$696M (0%)after a round–unknownB0%
1 Feb 2019$696M$319M – $988M$696M (0%)after a round–unknownB0%
21 Feb 2019$1.0B$869M – $1.5B$1.3B (+30%)after a round–unknownA0%
1 Mar 2019$1.0B$869M – $1.5B$1.3B (+29%)after a round–unknownA0%
1 Apr 2019$1.0B$869M – $1.5B$1.3B (+26%)after a round–unknownA0%
1 May 2019$1.1B$869M – $1.5B$1.3B (+24%)after a round–unknownA0%
1 Jun 2019$1.1B$869M – $1.5B$1.3B (+21%)after a round–unknownA0%
1 Jul 2019$1.1B$869M – $1.5B$1.3B (+18%)after a round–unknownA0%
1 Aug 2019$1.1B$869M – $1.5B$1.3B (+16%)after a round–unknownA0%
1 Sep 2019$1.1B$869M – $1.5B$1.3B (+13%)after a round–unknownA0%
1 Oct 2019$1.2B$869M – $1.5B$1.3B (+11%)after a round–unknownA0%
1 Nov 2019$1.2B$869M – $1.5B$1.3B (+8%)after a round–unknownA0%
1 Dec 2019$1.2B$869M – $1.5B$1.3B (+6%)after a round–unknownA0%
1 Jan 2020$1.3B$869M – $1.5B$1.3B (+4%)after a round–unknownA0%
1 Feb 2020$1.3B$869M – $1.5B$1.3B (+1%)after a round–unknownA0%
1 Mar 2020$1.3B$857M – $1.5B$1.3B (0%)after a round–unknownA0%
1 Apr 2020$1.3B$818M – $1.5B$1.3B (0%)after a round–unknownB0%
1 May 2020$1.3B$782M – $1.5B$1.3B (0%)after a round–unknownB0%
1 Jun 2020$1.3B$747M – $1.5B$1.3B (0%)after a round–unknownB0%
1 Jul 2020$1.3B$714M – $1.5B$1.3B (0%)after a round–unknownB0%
1 Aug 2020$1.3B$681M – $1.5B$1.3B (0%)after a round–unknownB0%
1 Sep 2020$1.3B$651M – $1.5B$1.3B (0%)after a round–unknownB0%
1 Oct 2020$1.3B$622M – $1.5B$1.3B (0%)after a round–unknownB0%
1 Nov 2020$1.3B$594M – $1.5B$1.3B (0%)after a round–unknownB0%
1 Dec 2020$1.3B$568M – $1.5B$1.3B (0%)after a round–unknownB0%
23 Dec 2020$8.0B$7.0B – $12.0B$10.4B (+30%)after a round–unknownA0%
1 Jan 2021$8.1B$7.0B – $12.0B$10.4B (+29%)after a round1,300unknownA0%
21 Jan 2021$10.0B$8.7B – $15.0B$13.0B (+30%)after a round1,300unknownA0%
1 Feb 2021$10.1B$8.7B – $15.0B$13.0B (+29%)after a round1,300unknownA0%
1 Mar 2021$10.3B$8.7B – $15.0B$13.0B (+26%)after a round1,300unknownA0%
1 Apr 2021$10.5B$8.7B – $15.0B$13.0B (+24%)after a round1,300flatA0%
1 May 2021$10.8B$8.7B – $15.0B$13.0B (+21%)after a round1,300flatA0%
1 Jun 2021$11.0B$8.7B – $15.0B$13.0B (+18%)after a round1,300flatA0%
1 Jul 2021$11.2B$8.7B – $15.0B$13.0B (+16%)after a round1,300flatA0%
1 Aug 2021$11.5B$8.7B – $15.0B$13.0B (+13%)after a round1,300flatA0%
1 Sep 2021$11.7B$8.7B – $15.0B$13.0B (+11%)after a round1,300flatA0%
1 Oct 2021$12.0B$8.7B – $15.0B$13.0B (+8%)after a round1,300flatA0%
1 Nov 2021$12.3B$8.7B – $15.0B$13.0B (+6%)after a round1,300flatA0%
1 Dec 2021$12.5B$8.7B – $15.0B$13.0B (+4%)after a round1,300flatA0%
1 Jan 2022$12.8B$8.7B – $15.0B$13.0B (+1%)after a round1,300flatA0%
1 Feb 2022$13.0B$8.5B – $15.0B$13.0B (0%)after a round1,300flatA0%
1 Mar 2022$15.0B$8.9B – $17.3B$15.0B (0%)after a round2,500growingB0%
1 Apr 2022$15.0B$9.1B – $17.3B$15.0B (0%)after a round2,500growingB0%
1 May 2022$15.0B$9.2B – $17.3B$15.0B (0%)after a round2,500growingB0%
1 Jun 2022$15.0B$9.4B – $17.3B$15.0B (0%)after a round2,500growingB0%
1 Jul 2022$15.0B$9.5B – $17.3B$15.0B (0%)after a round2,500growingA0%
1 Aug 2022$15.0B$9.7B – $17.3B$15.0B (0%)after a round2,500growingA0%
1 Sep 2022$15.0B$9.9B – $17.3B$15.0B (0%)after a round2,500growingA0%
1 Oct 2022$15.0B$10.1B – $17.3B$15.0B (0%)after a round2,500growingA0%
1 Nov 2022$15.0B$6.4B – $17.3B$15.0B (0%)after a round2,500unknownB0%
1 Dec 2022$15.0B$6.1B – $17.3B$15.0B (0%)after a round2,500unknownB0%
1 Jan 2023$16.0B$9.3B – $18.4B$16.0B (0%)after a round3,300upB0%
1 Feb 2023$16.0B$8.5B – $18.4B$16.0B (0%)after a round3,300upB0%
1 Mar 2023$16.0B$8.3B – $18.4B$15.9B (0%)after a round3,300upB0%
1 Apr 2023$16.0B$8.2B – $18.4B$15.9B (0%)after a round3,300upB0%
1 May 2023$16.0B$8.0B – $18.4B$15.9B (0%)after a round3,300upB0%
1 Jun 2023$16.0B$7.9B – $18.4B$15.9B (0%)after a round3,300upB0%
1 Jul 2023$16.0B$7.7B – $18.4B$15.9B (0%)after a round3,300upB0%
1 Aug 2023$16.0B$7.6B – $18.4B$15.9B (0%)after a round3,300upB0%
1 Sep 2023$16.0B$7.4B – $18.4B$15.9B (0%)after a round3,300upB0%
1 Oct 2023$16.5B$7.5B – $18.9B$15.9B (-4%)after a round3,800upB0%
1 Nov 2023$16.5B$7.4B – $18.9B$15.8B (-4%)after a round3,800upB0%
1 Dec 2023$16.5B$7.3B – $18.9B$15.7B (-4%)after a round3,800upB0%
1 Jan 2024$16.5B$7.1B – $18.9B$15.7B (-5%)after a round3,800upB0%
1 Feb 2024$16.4B$5.5B – $18.9B$15.6B (-5%)after a round3,800upC0%
1 Mar 2024$16.6B$5.4B – $19.1B$16.0B (-3%)after a round4,000upC0%
1 Apr 2024$16.5B$5.2B – $19.0B$16.0B (-3%)after a round4,000upC0%
1 May 2024$16.5B$5.1B – $19.0B$15.9B (-3%)after a round4,000upC0%
1 Jun 2024$16.4B$4.9B – $18.9B$15.9B (-3%)after a round4,000upC0%
1 Jul 2024$16.4B$4.8B – $18.9B$15.8B (-3%)after a round4,000upC0%
1 Aug 2024$20.4B$11.3B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Sep 2024$20.4B$11.2B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Oct 2024$20.4B$11.0B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Nov 2024$20.4B$10.9B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Dec 2024$20.4B$10.8B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Jan 2025$20.4B$10.6B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Feb 2025$20.4B$9.3B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Mar 2025$20.4B$9.2B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Apr 2025$20.4B$9.0B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 May 2025$20.4B$8.9B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Jun 2025$20.4B$8.8B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Jul 2025$20.4B$8.6B – $23.4B$20.4B (0%)after a round10,000growingB0%
1 Aug 2025$16.2B$7.4B – $18.6B$15.2B (-6%)after a round5,400growingB0%
1 Sep 2025$16.1B$7.3B – $18.5B$15.1B (-6%)after a round5,400growingB0%
1 Oct 2025$2.2B$1.3B – $6.2B$2.0B (-7%)after a round5,400shrinkingC97%
1 Nov 2025$2.1B$1.2B – $6.1B$2.1B (-3%)after a round5,759shrinkingC97%
1 Dec 2025$2.1B$1.2B – $6.0B$2.1B (0%)after a round5,759shrinkingC97%
1 Jan 2026$2.1B$1.2B – $6.0B$2.1B (0%)after a round5,759shrinkingC97%
1 Feb 2026$2.1B$1.2B – $6.0B$1.8B (-12%)after a round5,759shrinkingC97%
1 Mar 2026$2.1B$1.2B – $6.1B$1.8B (-12%)after a round6,201shrinkingC97%
1 Apr 2026$2.1B$1.2B – $6.1B$1.8B (-12%)after a round6,201shrinkingC97%
1 May 2026$2.1B$1.2B – $6.2B$1.9B (-12%)after a round6,608shrinkingC97%
1 Jun 2026$3.7B$1.3B – $21.2B$3.1B (-17%)after a round6,608upD89%
1 Jul 2026$4.2B$1.4B – $21.1B$3.5B (-16%)after a round6,608upD82%
1 Aug 2026$4.8B$1.5B – $21.3B$4.1B (-15%)after a round6,877upD76%
1 Sep 2026$5.4B$1.6B – $21.6B$4.7B (-14%)after a round7,123upD70%
1 Oct 2026$6.0B$1.6B – $21.7B$5.2B (-13%)after a round7,163upD64%
24 Oct 2026$6.6B$1.7B – $21.7B$5.8B (-12%)after a round7,163upD59%

Key facts about Lalamove

Founded
2013
Headquarters
Taipei, Taiwan
Employees
about 7,160 +24% in a year
Total raised
$2.46B
Funding rounds
6
Last round
Series F Jan 2021

Lalamove was founded in 2013 by Chow Shing Yuk, Gary Hui and Matthew Tam.

Lalamove funding history

Lalamove has 6 funding rounds on record, from Sep 2015 to Jan 2021, $2.46B in total. The latest disclosed valuation is $10.00B post-money (Series F, Jan 2021).

  1. Series F 20 Jan 2021

    Led by Hillhouse; with HSG, Boyu Capital, Tiger Global, D1 Capital Partners, Vitruvian Partners, Archerman Capital, Aspex Management.

    Sources: londontechwatch.com, equalocean.com, pandaily.com and 2 more

    $1.50B

    $10.00B post-money

  2. Series E 22 Dec 2020

    Led by HSG, Sequoia Capital; with Hillhouse, Shunwei Capital, Xiaomi.

    Sources: pe-insights.com, techcrunch.com, globalbusinessoutlook.com and 1 more

    $515M

    $8.00B post-money

  3. Series D 20 Feb 2019

    Led by Hillhouse, Sequoia Capital, HSG; with Eastern Bell Venture Capital, Shunwei Capital, PV Capital, Xiang He Capital, 01 Ventures, MindWorks.

    Sources: techcrunch.com, hkvca.com.hk, pymnts.com and 1 more

    $300M

    $1.00B post-money

  4. Series C 11 Oct 2017

    Led by Shunwei Capital; with Xiang He Capital, MindWorks.

    Sources: ejtech.ai, e27.co, insideretail.asia and 1 more

    $100M

  5. Series B 10 Jan 2017

    Led by Xiang He Capital; with Blackhole Capital, MindWorks, Crystal Stream.

    Sources: finsmes.com, techcrunch.com

    $30M

  6. Other 8 Sep 2015no round page

    Led by MindWorks, AppWorks, Crystal Stream.

    Sources: prlog.org, techcrunch.com

    $10M

Lalamove investors

19 investors have backed Lalamove; MindWorks, Hillhouse and HSG and 5 more led at least one round.

What Lalamove does

Lalamove works in shipping couriers, with 8 recorded offerings and customers in e-commerce and consumer goods.

Lalamove Taiwan Limited is a Taiwanese company engaged in on-demand delivery services, connecting individuals, small businesses, and corporations with a fleet of delivery vehicles operated by professional driver partners. The company serves markets across Asia, Latin America, and the EMEA region, including Taiwan, Malaysia, the Philippines, Thailand, Bangladesh, and the United Arab Emirates. In addition to its core delivery operations, Lalamove provides API solutions, e-commerce integrations, and channel partnerships to support its service offerings.

Description from Veridion's company data.

Products and services

  • Courier and Delivery Services
  • Parcel Courier Delivery Services
  • Bulky Goods Delivery Services
  • Same-Day Delivery Services
  • API Integration Solutions
  • E-commerce Logistics Integration Services
  • Delivery Channel Partnership Services
  • Driver Network Management Services

Markets

  • E-commerce
  • Consumer Goods

Business model

  • Business-to-Business
  • Business-to-Consumer
  • Service Provider
  • Logistics/Transportation
  • On-Demand

Industry codes (NAICS)

  • 492110 Couriers and Express Delivery Services 80% match
  • 541512 Computer Systems Design Services 20% match

Questions about Lalamove

What is Lalamove worth?

Valuation $6.6B (range $1.7B to $21.7B), as of 24 Oct 2026. The last disclosed valuation was $10.00B (Series F, Jan 2021).

Has Lalamove raised money?

Lalamove has 6 funding rounds on record, from Sep 2015 to Jan 2021, $2.46B in total. The latest disclosed valuation is $10.00B post-money (Series F, Jan 2021).

Who has invested in Lalamove?

MindWorks, Hillhouse, HSG, Shunwei Capital, Xiang He Capital and Crystal Stream, and 13 more. Lead investors include MindWorks, Hillhouse, HSG and Shunwei Capital.

How many people work at Lalamove?

About 7,160, up 24% over the last year. Headcount rose from 1,300 in Jan 2021 to 10,000 in Aug 2024, then fell to 7,163 in Sep 2026.

What does Lalamove do?

Lalamove works in shipping couriers, with 8 recorded offerings and customers in e-commerce and consumer goods. Its main offerings are courier and delivery services, parcel courier delivery services and bulky goods delivery services.

When was Lalamove founded, and where is it based?

Lalamove was founded in 2013 and is based in Taipei, Taiwan. It has about 7,160 employees, up 24% over the last year.