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Cargo Delivery Company Lalamove Raises $515M in Series E Financing
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Cargo Delivery Company Lalamove Raises $515M in Series E Financing

Dec 23, 2020
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Cargo Delivery Company Lalamove Raises $515M in Series E Financing
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(Source: Sohu)

On-demand delivery company Lalamove announced Wednesday to have completed its Series E round of financing, raising $515 million. 

The investment was led by Sequoia Capital China and followed by Hillhouse Capital and Shunwei Capital. 

The funding will be used for business expansion in the sinking market and Lalamove will continue to make effo…

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