Full Truck Alliance .(US:YMM) Yahoo Finance·2026-01-04 21:35Company Overview - Full Truck Alliance Co. Ltd. operates a digital freight platform that provides services such as freight listing, matching, brokerage, online transactions, and value-added services like credit solutions and insurance [8] - The company employs over 7,000 people and is a significant player in China's technology-driven logistics sector, connecting shippers with truckers to streamline freight transactions [9] - As of the latest data, Full Truck Alliance has a market capitalization of $11.77 billion, with a revenue of $1.71 billion and a net income of $588.99 million [5] Investment Activity - Bright Valley Capital established a new position in Full Truck Alliance, acquiring 2.57 million shares valued at approximately $33.36 million as of September 30 [2][3] - This new stake represents 19.75% of Bright Valley's reportable U.S. equity assets under management (AUM) [4][6] - The stock price of Full Truck Alliance was $11.25, reflecting a 4% increase over the past year, although it underperformed compared to the S&P 500's 17% gain during the same period [4] Financial Performance - In the third quarter, Full Truck Alliance reported a revenue growth of 10.8% year over year, reaching $471.7 million, with fulfilled orders increasing by over 22% [10] - Transaction services revenue surged by 39% year over year, while value-added services grew nearly 17%, indicating a shift towards monetized infrastructure [11] - The company maintains a strong balance sheet with $4.4 billion in cash and investments, alongside consistent operating cash flow generation [11] Market Position and Strategy - Bright Valley's significant allocation to Full Truck Alliance suggests a belief in the company's long-term value and market mispricing [10] - The investment aligns with a broader thematic focus on digital marketplaces within the Chinese internet and platform sector, indicating a strategic bet rather than a one-off trade [12]