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Billionaire Profile
Chow Shing Yuk
Global Rank
#2036

Image: Public domain | via Wikimedia Commons

Chow Shing Yuk

CEO, Lalamove
HK
Real-Time Net Worth
$1.9B
As of December 2025
Age
47
Source
Logistics
Industry
logistics
Citizenship
HK

Biography

Chow Shing Yuk, born in mainland China and raised in Hong Kong, is the cofounder, chairman, and CEO of Lalatech Holdings, the parent company of Lalamove, a prominent logistics and delivery giant. Chow, a former professional poker player and consultant at Bain & Co., leveraged his HK$30 million poker winnings to establish Lalamove in 2013. His career exemplifies a unique transition from the world of professional poker to a leading role in the logistics industry. As of 2024, Chow's net worth is estimated at $1.9 billion, making him a notable figure in Hong Kong's startup community.

Wealth Over Time

In-Depth Profile

Early Life and Education

Chow Shing Yuk was born in mainland China but grew up in Hong Kong, where he lived in a modest wooden house. He excelled academically, earning a scholarship to study in the United States. He attended Stanford University, where he studied economics.

Rise to Success

After graduating from Stanford, Chow started his career as a consultant at Bain & Co. in Hong Kong. However, he later transitioned to professional poker, where he accumulated HK$30 million ($3.8 million) in winnings over eight years. In 2013, Chow founded Lalamove (originally EasyVan), utilizing his poker winnings to digitize the freight booking process.

Key Business Strategies

Lalamove, operating under the Lalamove brand in Hong Kong and Southeast Asia and Huolala in mainland China, connects users with delivery drivers. The company has expanded to over 400 cities across Asia, Latin America, and EMEA. Chow's focus on digitizing logistics and providing efficient delivery solutions has been a key strategy.

Philanthropy

Information regarding specific philanthropic initiatives and amounts is unavailable in the search results.

Career Milestones

2002

Began Professional Poker Career

Transitioned from consulting to professional poker, accumulating significant winnings.

2013

Founded Lalamove (EasyVan)

Launched Lalamove, leveraging poker winnings to digitize logistics and delivery services.

2023

Filed for Hong Kong IPO

Lalatech Holdings, filed for an initial public offering in Hong Kong.

2024

Forbes Recognition

Recognized by Forbes as a billionaire, with a net worth of $1.9 billion.

Philanthropy & Social Impact

Information not available

Information not available

Undisclosed

Information regarding philanthropic initiatives is unavailable.