SUBSCRIBERS
Lalamove raises US$300m in Series D funds to expand in Asia
Published Thu, Feb 21, 2019 · 09:50 PM
Singapore
LOGISTICS service provider Lalamove has raised US$300 million in Series D funds; the D1 round was led by Hillhouse Capital and the D2 round was led by Sequoia China.
Hillhouse is a Chinese private equity firm known for its investments in Tencent Holdings, Baidu and Didi Chuxing.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Startups
Semiconductor unicorn Silicon Box vows to avoid geopolitical mire
A cheat sheet of startup and tech M&As in South-east Asia
Zilingo ex-CEO’s criminal complaint is retaliation against whistleblowers: source
Gojek and ComfortDelGro Taxi to send untaken rides to each other’s platforms
SG fintech firm Bambu shuts down after missing profit targets, says founder
Telemedicine platforms evolve beyond virtual consultations