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Chow Shing Yuk

Chow Shing Yuk

C. Yuk
-5.84% | - $-110.40M
$1.78 B ₹ 16,198 Cr
Real Time Net Worth #2243 Ranking as of 21 Feb 2026 By Forbes

More on Chow Shing Yuk

Gender

Male

Age

49Y

Country

Hong Kong

Born On

January, 1977

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Stanford University - Bachelor Of Arts In Economics

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Logistics Technology)

Primary Organization

Lalamove

Titles

Founder & CEO

Sources of Wealth

Lalamove

Industry

Technology, Logistics, E-Commerce

About Chow Shing Yuk


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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Quick Reads


  • Founder and CEO of the logistics and delivery tech company Lalamove.
  • A former professional poker player, he used his winnings to start his businesses.
  • Lalamove is an on-demand platform often called the "Uber for logistics."
  • The company has expanded rapidly across Asia and Latin America.
  • Lalamove is one of the most valuable private tech startups in Asia.

Early Life and Background


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.

Career Journey of Chow Shing Yuk


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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Chow Shing Yuk's Timeline


1990s–2000s:

Accumulates HK$30 million in winnings as a professional poker player (Formative Career).

2013:

Co-founds Lalatech Holdings (initially EasyVan) (Founding).

Ongoing:

Guides Lalamove's rapid expansion across Hong Kong, Southeast Asia, and mainland China (Market Domination).

Ongoing:

Owns a 25 percent stake through a family trust, revealed during the company's IPO filing (Financial Status).

Major Business Ventures and Investments


Chow Shing Yuk's wealth is rooted in his founding equity and continued leadership of the private, global logistics giant, Lalatech Holdings (Lalamove / Huolala).

  • Lalatech Holdings (Co-founder, Chairman & CEO): The core asset, a dominant platform for on-demand freight booking and delivery services across Asia.
  • Professional Poker Winnings: His early HK$30 million in poker winnings provided the seed capital for his entrepreneurial founding.
  • Investment Strategy: His strategy is focused on digitizing and optimizing the logistics and transportation sector using mobile technology.

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Philanthropy and Social Impact


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.

Fashion, Style, and Lifestyle


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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Quotes and Philosophy


“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.”

Fun Facts & Trivia


  • He was a professional poker player who won HK$30 million before founding Lalamove.
  • He used his poker winnings as the seed capital for his company in 2013.
  • Lalamove's core service is digitizing freight booking and delivery.
  • He studied economics at Stanford University.
  • His company operates as Huolala in mainland China.
  • He owns a substantial 25 percent stake in Lalatech Holdings.
  • His ambition is to make Lalatech the pronoun for 'delivery' in dictionaries.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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