Lalamove officially enters Hanoi
 |
| Lalamove will be a direct competitor of Grab and Go-Viet |
October 3 officially saw the launch of Lalamove in Hanoi, after one year of operations in Ho Chi Minh City. Focusing on clients in urban areas and committing to deliver goods within 55 minutes, Lalamove is forecast to be a redoubtable opponent to Grab and Go-Viet, another newcomer.
Lalamove was established in late 2013 under the name EasyVan. The Hong Kong delivery service has been known for delivering goods within an hour, and was named as the “Asian Uber.”
Lalamove set the goal of reaching 10,000 drivers in Hanoi by the end of the first quarter of 2019. The firm stated that it takes 20 per cent commission from drivers, including tax and other fees. This rate is lower than other firms’ rates of 25-30 per cent.
As Go-Viet has been running for a month now, with the two services of Go-Bike (ride-hailing) and Go-Send (delivery). Grab is also boosting its GrabExpress and food delivery service Grab Food, preparing for Lalamove’s entry that promises heavier competition in the market.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- Major railway requires debt considerations (November 21, 2024 | 12:07)
- Reviving a new life cycle for plastic waste (November 21, 2024 | 09:16)
- Key balances maintained for industrial production (November 21, 2024 | 08:00)
- Ecolean Vietnam honoured with prestigious sustainability award (November 19, 2024 | 10:01)
- HEINEKEN Vietnam’s clear path towards net-zero (November 18, 2024 | 15:13)
- VLCA 2024 honours corporate governance excellence as listed companies raise the bar (November 18, 2024 | 09:00)
- High-tech personnel to drive competition (November 17, 2024 | 09:21)
- Rising use of Generative AI Apps boosts consumer interest in differentiated connectivity (November 16, 2024 | 09:41)
- Google supports shape of Vietnam’s AI future (November 15, 2024 | 19:49)
- Trump's trade policies could shape Vietnam's economic outlook: Dragon Capital (November 15, 2024 | 16:56)
Mobile Version