Full Truck Alliance (YMM) has released an update.
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Full Truck Alliance Co. Ltd. reported a strong financial performance for the third quarter of 2024, with net revenues soaring by 33.9% to RMB3,031.4 million and net income jumping 81.4% to RMB1,121.9 million. The company attributed this growth to a rise in transaction service revenue and improved profitability, highlighting the success of its digital and intelligent logistics solutions. This robust performance underscores Full Truck Alliance’s continuing growth trajectory, making it a noteworthy player in the digital freight platform industry.
For further insights into YMM stock, check out TipRanks’ Stock Analysis page.
