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Lalamove raises US$300m in Series D funds to expand in Asia
Claudia Chong
Published Thu, Feb 21, 2019 · 09:50 PM
Singapore
LOGISTICS service provider Lalamove has raised US$300 million in Series D funds; the D1 round was led by Hillhouse Capital and the D2 round was led by Sequoia China.
Hillhouse is a Chinese private equity firm known for its investments in Tencent Holdings, Baidu and Didi Chuxing.
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