Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.
Lalamove lands $515M Series E
Lalamove, a provider of online logistics for on-demand deliveries, raised $515 million in a Series E round led by Sequoia Capital China.
Founded in 2013, Lalamove initially operated in Hong Kong and China, but has since expanded to a global footprint. The company says it currently operates in 24 markets across Asia, Latin America and the United States, counting over 7 million users and a pool of over 700,000 driver partners.
Lalamove …
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