Full Truck Alliance .(US:YMM) The Motley Fool·2026-01-04 21:15Company Overview - Full Truck Alliance Co. Ltd. operates within China's logistics sector, utilizing technology to connect shippers with truckers and streamline freight transactions [4][7] - The company has a market capitalization of $11.77 billion and reported a revenue of $1.71 billion with a net income of $588.99 million for the trailing twelve months [4] Recent Developments - 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][5] - This new position represents 19.75% of Bright Valley's reportable U.S. equity assets under management (AUM) [3] Financial Performance - In the third quarter, Full Truck Alliance's revenue grew by 10.8% year over year to $471.7 million, with fulfilled orders increasing by over 22% [5] - Transaction services revenue surged by 39% year over year, while value-added services rose nearly 17%, indicating a shift towards monetized infrastructure [8] Market Position - Full Truck Alliance's stock price 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 [3] - The company employs over 7,000 people and operates at scale, reinforcing its position in the technology-driven logistics sector [7] Strategic Insights - The significant allocation of nearly one-fifth of Bright Valley's portfolio to Full Truck Alliance suggests a belief that the market is mispricing the company's underlying business durability [5] - The position aligns with a broader thematic investment in digital marketplaces, indicating a strategic focus rather than a one-off trade [9]