Chow Shing Yuk
$1.9B
Born
Jan 01, 1978
Age
47
Source of Wealth
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
- 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 filed for a Hong Kong IPO in 2023 and 2024, but applications lapsed.
- 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.
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