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…
FAST NEWS: Full Truck Alliance Plunges Despite New User Registration Resumption
The latest: Full Truck Alliance (YMM.US), a trucking app operator, announced Wednesday that it has restored new user registrations for its “Yunmanman” and “Huochebang” apps, with the approval of Cyberspace Administration of China Looking up:…
With DiDi Reprieve, Is China Taking the Handbrake off the Tech Sector?
Chinese regulators are reportedly poised to end a year-long cybersecurity probe into DiDi Global, allowing the ride-hailing giant to restore its apps and register new users Key takeaways: Along with…