Media OutReach
Lalamove Enters UAE to Provide Instant Delivery Solutions Connecting SMEs and Driver Partners
Marking its 14th global market entry spanning Asia, Latin America to spur further growth in EMEA region
HONG KONG SAR – Media OutReach Newswire – 19 May 2025 – Lalamove, the leading on-demand delivery platform, has officially launched operations in the United Arab Emirates (UAE), marking a strategic entry into its 14th global market and a significant expansion within the EMEA (Europe, the Middle East, and Africa) region with full service coverage across Dubai and drop-offs in Sharjah and Abu Dhabi. Founded in Hong Kong in 2013, Lalamove leverages innovative technology to connect users with driver partners and vehicles instantly.
Instant matching and reliable delivery solutions empower SMEs to scale efficiently
With small and medium-sized enterprises (SMEs) contributing 40% of the UAE’s GDP, Lalamove recognises their vital role in driving growth, especially with the rise of e-commerce. By offering instant, reliable logistics solutions, Lalamove empowers businesses to scale efficiently. Features like multi-stop orders with real-time tracking simplify delivery routes, while a wide range of vehicle options, from cars to 1-ton and 3-ton pickup trucks, handle deliveries of all sizes, helping businesses reduce logistics costs and meet growing consumer demand.
“The UAE has long been a pivotal global trading and logistics hub, connecting Asia, Europe, and Africa. The Lalamove team is thrilled to bring our proven model to the UAE, customized to meet the unique local needs. By leveraging our advanced technology, we aim to empower SMEs and create earning opportunities for driver partners. Our ability to adapt to local nuances enables us to implement tailored strategies for each market, delivering scalable, agile logistics solutions that drive growth for the local economy,” said Paul Loo, Chief Operating Officer of Lalamove.
Empowering driver partners with perks and support
Lalamove addresses a long-standing issue in the logistics sector by efficiently connecting driver partners with delivery opportunities across Dubai. Lalamove offers a flexible income stream for driver partners, who can enjoy greater discretion in arranging their personal work schedule. This streamlined and transparent approach ensures that driver partners can maximise their time and earnings while SMEs benefit from instant and affordable delivery services.
Beyond connecting driver partners to extra earning opportunities, Lalamove is also committed to offering a diversity of perks for driver partners. This includes bonus earnings for completing missions, and opportunities to boost extra income through vehicle stickers. Additionally, driver partners can earn more through the Referral Program, which offers unlimited bonuses for inviting others to join Lalamove.
For more details about Lalamove, please visit https://www.lalamove.com/en-ae or download the Lalamove app from the App Store or Google Play Store.
Hashtag: #lalamove
The issuer is solely responsible for the content of this announcement.
About Lalamove
Founded in Hong Kong in 2013, Lalamove is an on-demand delivery platform born with a mission to empower communities by making delivery fast, simple, and affordable. At the click of a button, individuals, small businesses, and corporations can access a wide fleet of delivery vehicles operated by professional driver partners.
Powered by technology, we seamlessly connect people, vehicles, freight, and roads, moving things that matter and bringing benefits to local communities in 14 markets across Asia, Latin America, and EMEA.
Media OutReach
Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market
As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.
SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.
Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace
https://www.coworkspace.com.sg/
CoWorkSpace Serviced Office.
Media OutReach
JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High
In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.
In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.
Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.
- This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.
Hashtag: #JOYY
The issuer is solely responsible for the content of this announcement.
Media OutReach
“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission
This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”
As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice
The issuer is solely responsible for the content of this announcement.
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