Rank #2326
Chow Shing Yuk
Net worth $1.8B
Logistics · Hong Kong
- Born
- Jan 01, 1978
- Age
- 48
- Source
- Logistics
- Residence
- Hong Kong
- Citizenship
- Hong Kong
- Marital status
- Children
- 0
- Education
- Master of Economics, Chinese University of Hong Kong; Bachelor of Arts/Economics, Stanford University
Net worth over time
Biography
- Chow Shing Yuk is cofounder, chairman and CEO of logistics and delivery giant Lalatech Holdings.
- It has a presence in 400 cities across Asia, Latin America and EMEA, operating under the brand Huolala in mainland China and as Lalamove outside the region.
- Chow was a professional poker player and a consultant at Bain & Co. before he started Lalatech in 2013, betting his poker winnings of $3.8 million.
- Lalatech disrupted the logistics industry by digitizing the booking of freight and trucking services, which were traditionally done through call centers.
- Lalatech last filed for a Hong Kong IPO in October 2025 after failed attempts since 2023.
- Lalatech's star-studded roster of investors includes HongShan, Hillhouse and Tencent.
- Chow was born in mainland China but grew up in Hong Kong, where he lived in a dilapidated wooden house.
- Chow scored straight A's in his high school exams and earned a scholarship to study in the U.S.