Full Truck Alliance

As China cracks down, SoftBank's Vision Fund has lost $4B on its Didi investment, as its 20.1% stake bought for $11.8B in 2019 is now worth $7.8B

Financial Times : Tweets: @therealjoshye , @therealjoshye , @therealjoshye , @therealjoshye , and @alex Tweets: @therealjoshye : Safe to say: Softbank is not happy. “The Vision Fund's 20.1 per cent s...

Full Truck Alliance closes at $21.50 per share on its first day of trading, up 13% from its initial price of $19, giving it a market value of ~$23.6B

Sources: Full Truck Alliance, a Chinese Uber-like service for trucks, raises $1.6B after pricing at $19, the top of the range; trading begins today on NYSE

Julia Fioretti / Bloomberg :

Full Truck Alliance, a Chinese startup providing an Uber-like service for trucks, aims to raise about $1.57B from its US IPO at a maximum valuation of $21B

on paper — in the Chinese ride sharing market

Full Truck Alliance, a Chinese startup providing a Uber-like service for trucks, files for US IPO; sources say it's seeking to raise $1B+ at $20B-$30B valuation

Full Truck Alliance is seeking a valuation of between $20 billion and $30 billion, according to people familiar with the situation

Sources: China's Tencent-backed trucking startup Full Truck Alliance has confidentially filed for an IPO that could raise at least $1B

Bloomberg :

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 :

Sources: Full Truck Alliance, a Chinese startup that provides a Uber-like service for the trucking industry, is raising ~$1.7B at a $10B valuation

Wall Street Journal :