
DELIVERY INDUSTRY
HK On-demand Delivery Firm Lalamove Raises $515m Series E Led By Sequoia China
Lalamove, a Hong Kong-based on-demand delivery firm that provides immediate and scheduled courier services through motorcycles, vans, and trucks, announced on Tuesday that it has raised $515 million in a Series E round of financing solely from existing investors.
by DealStreetAsia
2020-12-23

Kwik Delivery raises $230k Seed round, set to launch in Lagos this month
Kwik Delivery is coming to market with an estimated $330,000 in total equity investment raised. Part of this investment was contributed by Romain himself while the remainder - which was also a part of the startup's seed round came from Marlinvest as well as a group of angel investors.
by DigestAfrica
2019-05-08

Chinese Express Delivery Revenue Reached 600 Billion Yuan in 2018, Remaining No.1 in Market Scale fo
According to the 2018 Chinese Express Delivery Development Indicator published by the State Post Bureau, the volume of the Chinese express delivery industry reached 50.7 billion in 2018, growing year-on-year by 26.6%.
by Blake
2019-04-12

Delivery Hero fires entire leadership team of Saudi’s HungerStation in one day for unknown reason
Delivery Hero, the Germany-headquartered global food delivery company, that owns different food delivery brands in the Middle East & North Africa, has terminated the entire leadership team of one of its Saudi food delivery companies HungerStation for unknown reasons, three people with the knowledge of matter have told MENAbytes.
by MENAbytes
2019-04-12

Dubai’s Fodel raises $2.6 million Pre-Series A
Dubai-based last-mile delivery startup Fodel (Forward Delivery) has raised $2.6 million pre-Series A from different “prominent investors” including members from Saudi’s Al Rajhi family and Fedex’s former Senior VP Hamdi Osman, the startup announced.
by Carol
2019-04-02

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