C how Shing Yuk is a Hong Kong-based technology entrepreneur and the founder of Lalatech Holdings, better known as Lalamove, a logistics and delivery technology company. A former professional poker player, Chow used his winnings to seed his first ventures. He founded Lalamove in 2013, creating an on-demand logistics platform that connects users and businesses with a network of delivery drivers for same-day and last-mile delivery services.
Often described as the 'Uber for logistics', Lalamove's app-based platform has experienced explosive growth across Asia and Latin America. The company provides a wide range of delivery options, from motorcycles for small parcels to trucks for large goods, tapping into the immense demand generated by e-commerce and the need for efficient urban logistics. Under Chow's leadership as CEO, Lalamove has become one of Asia's most valuable tech unicorns, with backing from major global investors, turning him into a self-made tech billionaire.
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Chow Shing Yuk is a Hong Kong businessman and the self-made billionaire co-founder and CEO of Lalatech Holdings, the logistics and delivery giant operating under the brand name Lalamove (and Huolala in mainland China). His background is rooted in finance and a gambling mentality: he studied economics at Stanford University and earned a Master of Economics from the Chinese University of Hong Kong.
His early career saw him work as a consultant at Bain & Co., but his true financial education came from professional poker. Chow made a living gambling and playing Texas Hold 'em online, accumulating HK$30 million ($3.8 million) in winnings in eight years. This discipline in calculating odds and managing risk was the first pot of gold he used to fund his entrepreneurial venture, which was born out of frustration with call center-based delivery services.
Chow Shing Yuk co-founded Lalatech Holdings (originally called EasyVan) in 2013. His strategic vision was to digitize the traditional freight booking and tracking services (which relied heavily on call centers) using a mobile app. Lalamove's platform connects individuals and businesses with drivers for the delivery of goods, including groceries, furniture, and even pets.
Under Chow's leadership as Chairman and CEO, Lalamove scaled rapidly across Hong Kong, Southeast Asia, and mainland China (as Huolala). The company's success is built on a highly efficient, high-growth logistics network, backed by major venture capitalists like Sequoia China and Hillhouse Capital. Lalatech's IPO filing in Hong Kong revealed Chow owns a substantial 25 percent stake through a family trust, cementing his multi-billion dollar fortune. His ambition is to make Lalatech the pronoun for 'delivery' in dictionaries.
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Accumulates HK$30 million in winnings as a professional poker player (Formative Career).
Co-founds Lalatech Holdings (initially EasyVan) (Founding).
Guides Lalamove's rapid expansion across Hong Kong, Southeast Asia, and mainland China (Market Domination).
Owns a 25 percent stake through a family trust, revealed during the company's IPO filing (Financial Status).
Chow Shing Yuk's wealth is rooted in his founding equity and continued leadership of the private, global logistics giant, Lalatech Holdings (Lalamove / Huolala).
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Chow Shing Yuk's social impact is structural, stemming from Lalamove's role in creating a digital platform for local commerce and providing income opportunities for thousands of drivers across Asia. His company successfully modernized the fragmented freight and delivery industry, improving efficiency for millions of small businesses and consumers.
His personal philanthropy often supports educational initiatives, reflecting his background as a scholar who won a scholarship to study in the U.S. after achieving straight A's in Hong Kong's public examinations.
Chow Shing Yuk maintains the sophisticated, casual style of a finance-trained tech founder. His attire is consistently professional and high-quality, favoring tailored casual wear that reflects his Stanford and poker background. His aesthetic is one of confident, measured risk.
Residing in Hong Kong, his luxury is the profound financial security and autonomy derived from his dominance in the massive Asian logistics market. His life is defined by his ability to apply the probabilistic rigor of poker to the high-stakes world of technology entrepreneurship.
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“The essence of a great delivery company is speed and digitizing the analog process.”
“I didn't draw a lucky hand [in business]; I applied the mathematics and risk management learned from poker.”
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-5.76% | -$131.58M
-0.54% | -$225.69M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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