tiprankstipranks
Trending News
More News >

Full Truck Alliance Reports Robust 2024 Financial Results

Story Highlights
Full Truck Alliance Reports Robust 2024 Financial Results

Confident Investing Starts Here:

The latest announcement is out from Full Truck Alliance ( (YMM) ).

Full Truck Alliance Co. Ltd. reported strong financial performance for the fourth quarter and fiscal year 2024, with total net revenues increasing by 31.8% in the fourth quarter and 33.2% for the full year. The company achieved significant growth in net income and non-GAAP adjusted net income, driven by an expanding user base and improved operational efficiencies. The company continues to focus on AI-driven innovations to enhance its platform and create value for the logistics industry.

More about Full Truck Alliance

Full Truck Alliance Co. Ltd. is a prominent digital freight platform based in China, specializing in freight matching services, freight brokerage, and value-added services. The company focuses on leveraging technology to enhance logistics efficiency and reduce costs for shippers and truckers.

YTD Price Performance: 7.86%

Average Trading Volume: 8,000,673

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $12.2B

See more data about YMM stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App