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…
YMM.US
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…
Full Truck Alliance Looks Poised for Recovery with Wrap of Data Security Review
Media reports say the trucking app operator could soon be allowed to resume signing up new users, ending a nearly yearlong ban during a government data security review Key Takeaways:…