Lalamove Thailand boasts 600 per cent growth
Hong Kong-based on-demand delivery company Lalamove says it achieved growth in Thailand of 600 per cent in 2016.
Downloads of the Lalamove Thailand app rose six-fold to 210,000 users with services valued close to THB120 million and distance travelled equal to going around the world 314 times. Lalamove Thailand is now the leading on-demand delivery platform in the country with the highest number of drivers which exceeds 17,000.
Newly appointed MD for Lalamove Thailand, Chanon Klahan highlights the social and economic benefits to communities within Thailand.
“We offer drivers an additional income, while 35 per cent of our drivers work exclusively with the Lalamove platform. The flexibility, security and higher income generation demonstrates our ethos of a sharing economy that benefits the community and enables individuals to work for themselves. Drivers can create their own sustainable opportunities, improving quality of life for themselves and their families.”
The growth of ecommerce, by 15 per cent annually, particularly in Southeast Asia and certainly in Thailand has boosted the logistics market significantly and most specifically in the on-demand sector. The Lalamove app has been downloaded 5 million times across 45 countries in Asia with hundreds of thousands of drivers benefiting.
Lalamove recently completed its Series B funding round of US$30 million led by Beijing VC firm, Xianghe Capital, raising total funds to US$60 million over four rounds.
Originally founded in 2013 as EasyVan in Hong Kong, Lalamove is Asia’s leading local delivery platform with a presence in 45 cities including Hong Kong, Singapore, Bangkok, Taipei, Manila and 40 cities in China with hundreds of thousands delivery drivers.