These tech leaders are making moving around the city, booking a flight, and sending a package so much easier
Wanting to solve the frustration of getting around in the city, these founders and CEOs on Asia’s Most Influential list have established some of the most innovative companies in the world and, in the process, made Asia move faster and easier. Their tech-powered transport platforms have streamlined the process of booking a flight, sending a package and even ordering whatever you desire late at night. Apart from making transportation more accessible, they also contribute to the creation of jobs, providing livelihood to millions of drivers in Asia. On top of that, their platforms are working toward the greening of the planet through the use of electric vehicles and efficient routes, both of which reduce carbon emissions.
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Shing Chow, founder and CEO, Lalamove (Hong Kong)
To establish one of the most ubiquitous delivery platforms today, Shing Chow bet on poker, playing professionally in the US and Macau to earn US$3.8 million, which he then invested into what would become Lalamove. Now, his transport company, which offers individuals and businesses instant delivery solutions via a tech-enabled matching system, is patronised by 10 million users in Asia and Latin America. Its CEO and founder is preparing for even more growth, with Lalatech Holdings, the parent company of Lalamove, filing its IPO on the Hong Kong stock exchange in March 2023.
Outside of business, Lalamove has turned its attention to the environment. In its inaugural sustainability report, released in February 2023, the company shared how it has reduced carbon emissions with the use of efficient routes and electric vehicles. “In terms of green transport, Lalamove has continued to optimize the accuracy of its programs in matching drivers and proposed routes, with the aim of reducing carbon emissions from drivers waiting or avoiding them from taking wrong turns, making the whole operation, and the logistics industry as a whole, more efficient,” explained the CEO in the report. “To better manage carbon emissions in our supply chain, we are promoting the transition into green driving, in Mainland China, nearly 50 per cent of van orders are fulfilled by new energy vehicles, with some cities reaching over 70 per cent.”
