Full Truck Alliance

Government, Business, Technology, Logistics

China Trucking Startup Full Truck Alliance Raises $1.6 Billion in US IPO

Trucks wait in line to enter the Port of Oakland in March 2020. (David Paul Morris/Bloomberg News) David Paul Morris/Bloomberg News

Full Truck Alliance Co., an Uber-like trucking startup, has raised $1.6 billion after pricing its U.S. initial public offering at the top of a marketed range, in one of the biggest listings stateside by a Chinese company this year.

June 22, 2021
Government, Business, Technology

Chinese Trucking Startup Full Truck Alliance Eyes $1 Billion US IPO

A truck loaded with a shipping container drives through the Port of Oakland in September 2019. Justin Sullivan/Getty Images

Uber-like Chinese startup Full Truck Alliance is preparing for a U.S. initial public offering that could raise at least $1 billion as soon as this year, after eking out a slim 2020 profit thanks to a pandemic-era shipping surge.

January 28, 2021
Business, Technology, Logistics

SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion

China's Full Truck Alliance has raised $1.7 billion from investors ahead of a potential IPO. Akos Stiller/Bloomberg News

Full Truck Alliance has raised $1.7 billion from investors including SoftBank Group Corp. and Tencent Holdings Ltd., a major cash infusion for the Uber-like trucking startup ahead of a potential initial public offering.

Lulu Yilun Chen | Bloomberg News
November 24, 2020