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…
TuSimple Moves Closer to China Exit Ramp as Questions Loom on U.S. Commercialization
The autonomous trucking company has reportedly received a non-binding deal to sell its Asia operations to Geely, China’s largest private carmaker Key Takeaways: China’s largest private auto group may acquire…
Full Truck Alliance Shifts Up a Gear on Regulatory Easing Reports
Trucking app operator’s shares have surged 32% over the last two trading days, even as it forecast Omicron disruptions could cause its business to contract in the second quarter Key…
Invesco, Fidelity Hitch a Ride With Full Truck Alliance’s Supersized IPO
Trucking services leader boosts fundraising target to $1.8 billion, which could become the largest New York listing by a Chinese company this year Key points: Full Truck Alliance is well-positioned…
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