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Full Truck Alliance Reports Robust 2024 Financial Results

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Full Truck Alliance Reports Robust 2024 Financial Results

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.

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