The logistics services platform recorded steady growth in orders, revenue and profit last year as it continues to scale its global operations and move towards an IPO

Logistics giant Lalatech Holdings Ltd. reported steady growth in orders and revenue last year as its international expansion advanced with the scale-up of its global platform and it continues to pursue a Hong Kong listing. 

The Hong Kong-based logistics platform said its global fulfilled orders surpassed 1.03 billion in 2025, up from 779 million a year before, underscoring its growing on-demand delivery capabilities, according to an updated filing for its Hong Kong IPO filed on April 30. From 2023 to 2025, its gross transaction value (GTV) rose at an average rate of 19% annually to $13.32 billion, reflecting growing demand both at home and overseas.

The company runs a marketplace model under the Huolala and Lalamove service brands that connects merchants and drivers online for on-demand and scheduled shipping. Its closed-loop platform covers the entire process, from order placement and payment to matching, tracking, and settlement, making it the world's largest logistics provider by closed-loop freight GTV, with 53.1% of the market last year.

The ...