Hong Kong-based on-demand delivery startup Lalamove raises $515M Series E led by Sequoia Capital China, bringing its total raised to $976.5M (Catherine Shu/TechCrunch)

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Catherine Shu / TechCrunch:

Hong Kong-based on-demand delivery startup Lalamove raises $515M Series E led by Sequoia Capital China, bringing its total raised to $976.5M  —  Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site.