Hong Kong-based professional on-demand delivery service Lalamove has completed US$10 million series A round of financing from MindWorks Venture, AppWorks, Crystal Stream and other unnamed individuals investors. In a company announcement, Lalamove says it plans to use the proceeds to expand to 12 additional cities throughout China, from the eight cities it currently operates in. […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.