Logistics

Established in 2013, Lalamove says it is currently operating in 22 markets across Asia, North America, and Latin America, connecting more than 7 million customers with over 700,000 delivery partners.

In about two years, Flash Express has grown to be the second-largest private express delivery provider in the Southeast Asian country.

The investment makes Bykea one of the most funded startups in the country.

Porter is focusing on first-mile logistics whereas Pakde’s core business is e-commerce warehousing.

This new move comes after Best launched express delivery services within Malaysia in July, following fast growth in Thailand and Vietnam.

Flytrex debuted its delivery services in August 2017 in Reykjavik and is now bringing those capabilities to the United States.

According to Moovaz CEO Junxian Lee, conversation with GetVan had been ongoing for eight months before the deal was sealed.

The company just bagged USD 30 million in a pre-Series B round led by Future Capital and Shunwei Capital.