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…
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…
Truck Maker CIMC Vehicles Gets Jump-Start From Citigroup
Company’s undervalued shares jump 17% after U.S. financial giant discloses its purchase of a 6.7% stake worth around $200 million Key points: Citigroup has joined Singapore’s GIC by buying a…
Investors Take Comfort in Full Truck Alliance’s Business Update
Shares of trucking logistics specialist are up more than 40% over last week after it said its order volume grew 88% in the second quarter Key points: Full Truck Alliance’s…