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Full Truck Alliance

Transportation · Guiyang, China · Founded 2011 · IPO 2021

Full Truck Alliance (FTA), established in 2011, is a leading digital freight platform in China that connects shippers with truckers to facilitate shipments across various distances, cargo weights, and types. By leveraging mobile internet, big data, and artificial intelligence, FTA aims to enhance efficiency and reduce costs in the logistics industry. The platform operates through its primary applications, Yunmanman and Huochebang, which serve both drivers and consignors. These apps enable users to post shipping orders, match cargo with available trucks, and manage logistics operations seamlessly. As of the third quarter of 2024, FTA facilitated approximately 51.9 million fulfilled orders, with an average of 2.84 million shippers posting shipping orders each month and 4.06 million truckers fulfilling orders over the past 12 months. Headquartered in Guiyang, China, Full Truck Alliance employs over 7,500 individuals and continues to expand its services to cover more than 300 cities and 100,000 route lines. By fostering open collaboration with national industry leaders, FTA seeks to create a shared and win-win industrial ecology, bringing greater value to society and promoting the upgrading of the logistics industry. Keywords: Full Truck Alliance, digital freight platform, China logistics, Yunmanman, Huochebang, mobile internet, bigintelligence, shippers, truckers, logistics efficiency, order fulfillment, industry collaboration.

Valuation $6.07B
Revenue $1.60B
EBITDA $698M
Total funding $2.5–5B

Investors

19 investors on Full Truck Alliance's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Series B+ 19 investors entered at this stage
China Reform Fund Management
CapitalG
SoftBank
Ward Ferry Management
SoftBank Vision Fund
Alphabet | Google
Permira
Notable Capital
Hillhouse Capital
YunFeng Capital
HongShan
Fidelity International
Tencent
Baillie Gifford
Luminous Ventures
All-Stars Investment
Bright Valley Capital
Serenity Capital Management
First Beijing Investment

Global footprint

Where Full Truck Alliance has talent and traffic

Workforce by country
6 countries with
team presence
🇨🇳 China66.7%
🇭🇰 Hong Kong11.1%
🇺🇸 United States7.4%
🇹🇷 Turkey3.7%
🇨🇦 Canada3.7%
Top 5 of 6 shown
Web traffic by country
5.6K monthly visits
across markets
🇺🇸 United States40%
🇭🇰 Hong Kong26.7%
🇩🇪 Germany13.3%
🇮🇩 Indonesia11.1%
🇯🇵 Japan8.9%
Top 5 markets shown

Talent graph

The shape of Full Truck Alliance's talent

Dealroom maps Full Truck Alliance's team person by person — pinpointing the standout operators and scoring them across the six dimensions investors underwrite. The counts and shape below are a public preview; the named individuals and exact scores live in the platform.

5 team members profilednamed & role-tagged by Dealroom
47 employeestotal headcount
2 executives & foundersidentified by name
DimensionScore
AI Talent Score hidden — book a demo
Engineering Score hidden — book a demo
Product Score hidden — book a demo
Go-to-market Score hidden — book a demo
Leadership Score hidden — book a demo
Research Score hidden — book a demo
Book a demo to unlock Full Truck Alliance's exact scores

Source: Dealroom Talent Intelligence. Public profiles show counts and the team's shape only — request a demo for the named individuals, per-person seniority and tenure, and team benchmarks vs peers.

Patent intelligence

$19M patent portfolio · 209 active families

Estimated portfolio value
$19M
0.27% of market cap · 3.4× smaller than top peer Grab ($64M)
209 active patent families
Where Full Truck Alliance innovates Computer engineeringData miningData scienceDatabaseElectronic equipment

Where Full Truck Alliance concentrates vs peers

Each axis is a top-10 topic across Full Truck Alliance and its closest peers. #1 = 100, #10 = 10, absent = 0.

Compare against

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Market sentiment

What the market is saying about Full Truck Alliance

An AI-synthesized read of the highest-engagement posts about Full Truck Alliance on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Full Truck Alliance on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.