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The story behind the story

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Full Truck Alliance, a Chinese startup which provides an Uber-like service for the trucking industry, raises $1.7B, source says at a ~$12B valuation

Lulu Yilun Chen / Bloomberg :

Bloomberg Lulu Yilun Chen

Discussion

  • @patrick_walther Patrick Walther on x
    The global Who is Who of venture funding is investing in Global Truck Alliance. Previous round led by SB Vision Fund and $GOOGL. Monster company in the making. $SFTBY $GOOGL $UBER “SoftBank-Led Round Values Uber-Like Truck Startup at $12 Billion” https://finance.yahoo.com/...
  • @business @business on x
    Chinese Uber-like trucking startup Full Truck Alliance raises $1.7 billion from investors including SoftBank and Tencent, valuing it at about $12 billion, a source says https://www.bloomberg.com/...