NEWS WRAP: Full Truck Alliance drives ahead with strong order, user growth
The online freight platform posted 35% revenue growth in the fourth quarter, but its profit fell on a one-time impairment loss By Teri Yu Online trucking platform operator Full Truck…
Full Truck Alliance fires on all cylinders with strong earnings report
The number of truckers using the digital freight platform hit the 4 million mark in the third quarter, while its monthly active shippers totaled 2.84 million Key Takeaways: Full Truck…
Full Truck Alliance goes full throttle on user acquisitions
The trucking platform operator boosted its sales and marketing spending 50% in the fourth quarter, double the rate of its revenue growth Key Takeaways: Full Truck Alliance’s revenue rose 25.3%…
NEWS WRAP: Full Truck Alliance drives ahead with Covid controls in the rear-view mirror
The trucking app operator reported its revenue rose 23.5% in the second quarter, and forecast a slight deceleration in the growth rate in the current quarter By Teri Yu…
Unimpressive Hong Kong Keeps No. 3 Spot in Global IPO Race
New listings in the city tumbled 68% to just 90 last year, much of that on a surge in activity in the second halfKey Takeaways:Hong Kong IPOs fell sharply last…
Full Truck Alliance Puts the Brakes on Hong Kong Listing Plan
The U.S.-listed truck app operator reportedly scrapped its plan for a second listing in Hong Kong due to recent improvements in the U.S. regulatory environmentKey Takeaways:Trucking app operator Full Truck…
Rising Losses, Intensifying Regulations Hobble ‘Fast Dog’ Gogox
The intra-city logistics provider warns of ballooning losses less than two months after its Hong Kong IPO Key Takeaways: Gogox warned that its loss grew sharply in the first half…
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