Hillhouse Capital

Lalamove on-demand logistics platform

On-demand logistics platform Lalamove raises $515M Series E for China expansion

On-demand logistics company Lalamove has raised $515 million in Series E funding, as announced on its website (the company is known as Huolala in China). This round was led by Sequoia Capital China Fund, with participation from Hillhouse Capital and Shunwei Capital--all returning investors.