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AVCJ
  • Greater China

Sequoia leads $515m Series E for Hong Kong's Lalamove

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  • Justin Niessner
  • 28 December 2020
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Lalamove, a Hong Kong-based delivery start-up known as Huolala in mainland China, has completed a $515 million Series E round led by Sequoia Capital China.

Hillhouse Capital and Shunwei Capital also participated. The plan is to exploit pandemic-related market dislocation through expansion, diversification, and a technology buildout, according to a statement....

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