Full Truck Alliance
Public Company - YMM
Full Trunk Alliance (“FTA”) is the world's largest digital freight platform by gross transaction value, or GTV, in 2020, according to the CIC Report. FTA has transformed China's road transportation industry by pioneering a digital, standardized, and smart logistics infrastructure across the value chain.
With the mission to make logistics better and shape the future of logistics with technology, FTA established a platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types.
For the year ended December 31, 2020, FTA facilitated 71.7 million fulfilled orders with GTV of $26.6 billion. Over 2.8 million truckers fulfilled shipping orders on the FTA platform in 2020, representing approximately 20% of all China's heavy-duty and medium-duty truckers fulfilled shipping orders of the year.