Cargo Lala is a freight business platform launched by Guangzhou Yi Shi Cargo Lala Technology Co., Ltd. on 20 13, which mainly serves the same-city, instant and whole-vehicle freight business of O2O. Users can call the nearby trucks registered on the platform with one click through the mobile APP to complete instant freight transportation in the same city. The cities opened by Cargo Lala in Southeast Asia, Hong Kong and Taiwan Province are Hong Kong, Taipei, Singapore, Bangkok, Manila and Ho Chi Minh City. As of 20 17, 1 1, more than 102 cities have been opened in Chinese mainland, covering most first, second and third tier cities and some economically active fourth-tier cities. By the end of 20 17, there were more than 2 million drivers registered on the platform, and more than150,000 users used the platform services.
2065438+On September 20th, 2008, Cargo Lala and Renault Brilliance formally signed a strategic cooperation agreement in Shenyang to explore the smart logistics market in the city. According to the agreement, Renault Brilliance will provide logistics vehicles for Lala. The two sides will build a diversified urban logistics platform and modern logistics service system with freight products as the carrier and relying on leading technologies such as the Internet, big data and artificial intelligence to provide intelligent and efficient solutions for the last mile of logistics in the same city. From 2065438 to February 2009, Cargo Lala completed the financing led by Gao Yan Capital D 1 and Sequoia Capital China D2, with a total amount of USD 300 million. The old shareholders such as Zhongding Capital, PVCapital, Shunwei Capital, Xianghe Capital, MindWorksVentures and Zero One Venture Capital continued to follow up, and Light Source Capital served as the exclusive financial advisor for this financing.