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%…
TuSimple drives down U.S. off ramp. Nasdaq exit next?
The autonomous truck technology company said it will wind down its U.S. operations to focus on China, as its cash runs low Key Takeaways: TuSimple will lay off three-quarters of…
Shengfeng drives into investor fast lane with big post-IPO gains
The logistics company’s shares have more than doubled since their March IPO, including a 36% jump on a single day this week Key Takeaways: Shengfeng’s shares have risen sharply since…
FAST NEWS: TuSimple considers sale of U.S. business
The Latest: Autonomous truck driving technology company TuSimple (TSP.US) said on Wednesday it is “evaluating strategic alternatives for its U.S. business.” Looking Up: Such language typically means TuSimple is exploring…
TuSimple Nearing End of the Road With Economic Espionage Allegations?
The U.S. national security regulator has reportedly asked the Justice Department to investigate the autonomous trucking startup’s co-founders for economic espionageKey Takeaways:TuSimple’s two co-founders and another top executive could be…
TuSimple Accelerates Into Turmoil Fast Lane as Co-Founders Fire Board
Just weeks after the autonomous truck company’s board fired CEO and co-founder Hou Xiaodi for undisclosed insider dealings, Hou and his other co-founder fired the entire boardKey Takeaways:TuSimple’s two co-founders…
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