China Tech Digest: Lalamove Launches Electric Truck Making Project; Airwallex Obtains EMI License In The Netherlands
Total5 Lalamove Launched new energy truck manufacturing project Lalamove has launched a new energy truck manufacturing project to create a closed-loop of logistics chain and the "digital intelligentization" of trucks. Currently, the Hong Kong-based on-demand logistics company has begun recruiting talents in the manufacturing of new energy trucks. Lalamove completed a US$515 million series E round financing in December last year. At the beginning of this year, it was reported to raise US$1.5 billion in Series F round financing, with a valuation of US$10 billion. Airwallex obtains EMI license i...