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Sharing Economy

Asia startups jostle to be 'Uber' of last-mile delivery

Alibaba-backed GoGoVan and Hillhouse-funded Lalamove fight beyond Hong Kong

GoGoVan dominates the market for on-demand shipping in Hong Kong. (Photo courtesy of GoGoVan)

HONG KONG -- Weaving through traffic on a given day here are blue-and-yellow vans that fill the gaps in Asian logistics networks unable to keep pace with the growth of e-commerce.

Hong Kong-based GoGoVan dominates the city's market for on-demand shipping, with the share of 60% to 70%.

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