GUIYANG, China, Jan. 25, 2022 /PRNewswire/ -- Full Truck
Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading
digital freight platform, today announced that the Company
facilitated 34.8 million fulfilled orders with Gross Transaction
Value ("GTV") of RMB69.5 billion
in the fourth quarter ended December 31,
2021, representing 41.6% and 22.1% year-over-year growth,
respectively.
Mr. Peter Hui Zhang, Founder,
Chairman and Chief Executive Officer of FTA, stated, "In an
extension of the robust momentum we saw throughout the year, we are
pleased to have capped off a successful 2021 with excellent fourth
quarter operating performance. We have achieved this by
relentlessly focusing on increasing the frequency of use by our
regular users, a drive supported by our increasingly efficient
matching and optimized product functions. This once again reflects
our business model's resilience and sustainability. To usher in
2022, we will continue to improve our logistics system and network
security to accelerate the formation of a safe, efficient,
nationwide logistics network. Pending the completion of the
cybersecurity review of our Yunmanman and Huochebang
apps, we look forward to our continued growth through expanding
user base and driving user engagement."
About Full Truck Alliance Co. Ltd.
Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital
freight platform, connecting shippers with truckers to facilitate
shipments across distance ranges, cargo weights and types. The
Company provides a range of freight matching services including
freight listing service, freight brokerage service and online
transaction service. The Company also provides a range of
value-added services that cater to the various needs of shippers
and truckers, such as financial institutions, highway authorities,
and gas stations operators. With a mission to make logistics
smarter, the Company is shaping the future of logistics with
technology and aspires to revolutionize logistics, improve
efficiency across the value chain and reduce carbon footprint for
our planet. For more information, please visit
ir.fulltruckalliance.com.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements which are made pursuant to the "safe
harbor" provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be identified by
terminology such as "may," "will," "expect," "anticipate," "aim,"
"estimate," "intend," "plan," "believe," "potential," "continue,"
"is/are likely to," and similar statements. Statements that are not
historical facts, including statements about the Company's beliefs,
plans, and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: FTA's goal
and strategies; FTA's expansion plans; FTA's future business
development, financial condition and results of operations;
expected changes in FTA's revenues, costs or expenses; industry
landscape of, and trends in, China's road transportation market;
competition in FTA's industry; FTA's expectations regarding demand
for, and market acceptance of, its services; FTA's expectations
regarding its relationships with shippers, truckers and other
ecosystem participants; FTA's ability to protect is systems and
infrastructures from cyber-attacks; PRC laws, regulations, and
policies relating to the road transportation market, as well as
general regulatory environment in which FTA operates in
China; the results of regulatory
review and the duration and impact of any regulatory action taken
against FTA; the impact of COVID-19 pandemic, extreme weather
conditions and production constraints brought by electricity
rationing measures; general economic and business condition; and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in the
Company's filings with the SEC. All information provided in this
press release is as of the date of this press release, and the
Company does not undertake any obligation to update any
forward-looking statement, except as required under applicable
law.
For investor and media inquiries, please contact:
In China:
Full Truck Alliance Co. Ltd.
Mao Mao
E-mail: IR@amh-group.com
The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: FTA@thepiacentegroup.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: FTA@thepiacentegroup.com
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SOURCE Full Truck Alliance Co. Ltd.