About Full Truck Alliance
Full Truck Alliance is a company based in Guiyang (China) founded in 2017 by Peter Hui Zhang.. Full Truck Alliance has raised $1.69 billion across 1 funding round from investors including Bryant Stibel. The company has 7,180 employees as of December 31, 2024. Full Truck Alliance operates in a competitive market with competitors including Buyandship, Kuaitu Logistics Technology, Total Van and Aipaidan app, among others.
- Headquarter Guiyang, China
- Employees 7180 as on 31 Dec, 2024
- Founders Peter Hui Zhang
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Full Truck Alliance Co. Ltd. Sponsored Adr
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Annual Revenue
$1.56 B31.15as on Dec 31, 2024
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Net Profit
$426.56 M36.57as on Dec 31, 2024
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EBITDA
$351.4 M140.83as on Dec 31, 2024
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Total Equity Funding
$1.69 B (USD)
in 1 rounds
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Latest Funding Round
$1.69 B (USD), Series D
Nov 20, 2020
- Investors
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Employee Count
7180
as on Dec 31, 2024
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IPO & Listings of Full Truck Alliance
Full Truck Alliance is a publicly listed company on the NYSE with ticker symbol YMM in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Funding Insights of Full Truck Alliance
Full Truck Alliance has successfully raised a total of $1.69B through 1 strategic funding round. The most recent funding activity was a Series D round of $1.69 billion completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series D — $1.7B
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First Round
First Round
(20 Nov 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series D - Full Truck Alliance | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Full Truck Alliance
Full Truck Alliance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Bryant Stibel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Bryant Stibel is engaged in investment and partnership with entrepreneurial companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Full Truck Alliance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Full Truck Alliance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Full Truck Alliance Comparisons
Competitors of Full Truck Alliance
Full Truck Alliance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Buyandship, Kuaitu Logistics Technology, Total Van and Aipaidan app, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ship-based transportation and delivery services are provided globally.
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| domain | founded_year | HQ Location |
Cloud and AI-enabled freight forwarding services are provided.
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| domain | founded_year | HQ Location |
An app-based platform for freight transportation services.
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| domain | founded_year | HQ Location |
Offers an app-based platform for efficient trucking services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Full Truck Alliance
Frequently Asked Questions about Full Truck Alliance
When was Full Truck Alliance founded?
Full Truck Alliance was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Full Truck Alliance located?
Full Truck Alliance is headquartered in Guiyang, China. It is registered at Guiyang, Guizhou, China.
Who is the current CEO of Full Truck Alliance?
Peter Hui Zhang is the current CEO of Full Truck Alliance. They have also founded this company.
Is Full Truck Alliance a funded company?
Full Truck Alliance is a funded company, having raised a total of $1.69B across 1 funding round to date. The company's 1st funding round was a Series D of $1.69B, raised on Nov 20, 2020.
How many employees does Full Truck Alliance have?
As of Dec 31, 2024, the latest employee count at Full Truck Alliance is 7,180.
What is the annual revenue of Full Truck Alliance?
Annual revenue of Full Truck Alliance is $1.56B as on Dec 31, 2024.
What does Full Truck Alliance do?
Full Truck Alliance was established in 2017 in Guiyang, China, within the logistics sector. Freight forwarding services are delivered through a technology platform that connects shippers with carriers. Operations are centered on digital matchmaking for truck transportation across China. The platform supports efficient load matching and route optimization. Leadership is held by Peter Hui Zhang as founder, chairman, and CEO.
Who are the top competitors of Full Truck Alliance?
Full Truck Alliance's top competitors include Buyandship, Kuaitu Logistics Technology and Total Van.
Is Full Truck Alliance publicly traded?
Yes, Full Truck Alliance is publicly traded on NYSE under the ticker symbol YMM.
Who are Full Truck Alliance's investors?
Full Truck Alliance has 1 investor. Key investors include Bryant Stibel.
What is Full Truck Alliance's ticker symbol?
The ticker symbol of Full Truck Alliance is YMM on NYSE.
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