HuoLaLa has secured millions in funding to fuel its expansion into 12 new cities and enhance product offerings in the competitive on-demand logistics market.
Target Information
货拉拉 (HuoLaLa), founded in 2013 and formerly known as EasyVan, is a leading on-demand logistics platform headquartered in Hong Kong. The company launched its services in mainland China in December 2014 and has since expanded rapidly across Asia. HuoLaLa facilitates city-wide transportation of goods, connecting users who need to transport items with licensed drivers through its innovative mobile application, allowing for efficient and timely delivery services.
As of now, the platform operates in ten cities and five regions across Asia, including Shenzhen, Guangzhou, Chongqing, Shanghai, Dongguan, Foshan, Hong Kong, Singapore, Taipei, and Bangkok. With over 30,000 certified drivers and millions of completed orders, HuoLaLa has established itself as a prominent player in the on-demand logistics industry.
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Industry Overview
The logistics and transportation industry in China has experienced significant growth, driven primarily by an increase in e-commerce and urbanization. As more consumers turn to online shopping, the dema
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Disclosed details
Transaction Size: $10M