Reports Q1 revenue $372.1M. Fulfilled orders in the first quarter reached 48.2M, an increase of 22.6% from 39.3M in the same period of 2024. Average shipper MAUs in the first quarter reached 2.76M, an increase of 28.8% from 2.14 million in the same period of 2024. Peter Hui Zhang, founder, chairman, and CEO of FTA, stated, “In the first quarter of 2025, we continued to enhance operational efficiency and reduce logistics costs within China’s road freight industry. Leveraging cutting-edge digitalization and smart technologies, we successfully navigated a challenging yet opportunity-rich economic environment. Our ongoing investments in brand building and online user acquisition drove strong growth in our shipper base and consistent optimization of our user structure. Furthermore, upgrades to our trucker rating system, enhanced priority access, our Premium Cargo Bidding mechanism as well as our trucker membership cultivated a more robust trucker ecosystem and increased matching efficiency. As a leader propelling the new quality productive forces of the logistics industry, we remain dedicated to seizing the opportunities presented by the industry’s digitalization and AI-driven transformation, fostering a smarter, more sustainable digital logistics ecosystem.”
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