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Platform Economy: New Opportunities for Technological and Industrial Transformation

Today I want to introduce to everyone the on-demand delivery platform, Lalamove. This is a Hong Kong-based startup that has successfully developed into a global logistics brand. Their services are now available worldwide, whether it's delivering durians from a fruit store, transporting equipment for music festivals, or even delivering cows during Eid al-Adha, all thanks to their efforts in developing logistics technology.

Lalamove is driven by technology and provides fast, flexible, and cost-effective delivery services. They were founded in 2013, initially operating only in Hong Kong, and later expanded to the Mainland China market. In just 10 years, they have expanded their business to Asia and Latin America, including many markets along the "Belt and Road" initiative.

In the fiercely competitive business environment, small and medium-sized enterprises face many common challenges, such as cost pressures, staffing shortages, and lack of resources to expand their business. Lalamove focuses on serving small and medium-sized enterprises as their core customer base, offering faster, more flexible, and cost-effective logistics services to help them increase operational agility, reduce costs, enhance competitiveness, and accelerate business growth.

In addition, Lalamove provides more job opportunities for the labor force in "Belt and Road" markets. They have revolutionized the traditional time-consuming order and delivery methods of logistics, providing more flexible income models for driver partners in different regions. Currently, Lalamove has over 1 million active drivers on its platform each month. The platform also offers a variety of vehicle and delivery service options in different markets, allowing more driver partners to earn income through platform matching services and providing more employment opportunities for the labor force.

Apart from providing various perks and benefits to driver partners, Lalamove actively participates in social welfare activities. Through different corporate social responsibility projects, they care for communities and provide support to different sectors, including those in need. Especially during the global pandemic, Lalamove offered free delivery services to assist in resource integration, support social welfare organizations, and donate rapid testing kits to the homeless, grassroots families, and laborers.

Even after the pandemic, Lalamove continues to care for the community. For example, they provided free delivery of supplies to affected residents in disaster areas in Kuala Lumpur, transported relief supplies to support flood victims in Brazil, and collaborated with a disinfectant company in Mexico to deliver cleaning supplies to schools, ensuring students are well-prepared for the reopening.

The State Council recently mentioned in a symposium that the platform economy can play a crucial role in the construction of modern socialist countries. Lalamove's business model has been recognized and praised by the market. They will continue to seize development opportunities, promote the internet transformation of the logistics industry, provide faster, more flexible, and cost-effective logistics services, drive the innovative development of small and medium-sized enterprises, create more job opportunities, and contribute to the development of the platform economy.

In summary, Lalamove is a technology-driven on-demand delivery platform that brings convenience to small and medium-sized enterprises through fast, flexible, and cost-effective logistics services. They provide more job opportunities for the labor force and actively participate in social welfare activities. Their entrepreneurial spirit and social responsibility are admirable, making significant contributions to the sustainable development of the logistics industry.

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