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FULL TRUCK ALLIANCE CO LTD (FULLTRUCK, YMM)

14/07/2025 08:12 am MYT

This week, i Capital updates Full Truck Alliance (FTA) (满帮集团), a leading digital road freight platform in China that connects shippers with truckers to facilitate shipments. To recap, the Company is the result of a merger in 2017 between Yunmanman (运满满) and Huochebang (货车帮), which were established in Jiangsu province in 2013 and Guizhou province in 2011 respectively, operating mobile apps for freight information listing. It was listed on the New York Stock Exchange in Jun 2021, and has over 7,000 employees by end of 2024. Subscribers who followed our buy call on the stock in May 2024 are sitting on a comfortable profit of 38%.

1Q25 results

Total revenue in the first quarter increased by


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Note from Publisher

According to a survey conducted by the Securities Commission of Malaysia in 2022, when talking about investment, the first thing that comes to the mind of most young people in Malaysia is property investment. To most young Malaysians, investing in the stock markets is for those who have a lot of money and the necessary knowledge. It is generally perceived to be a high risk activity. Hence, those  young people who invest will start equity investing only after they have a stable career and income.

 

Capital Dynamics wishes to equip young people with investment knowledge as early as possible so that they can start their investment journey at a young age and fully enjoy the benefit of compound return. Each year, we organise two events especially for young people – Budding Value Investor Award (BVIA) and i Capital Talent Show. 

 

BVIA is an investment research competition for university students focusing on value investing. On the other hand, i Capital Talent Show is a competition for Malaysians with creative and artistic talents, through which participants get to know about Capital Dynamics, and indirectly investing. Either way, they find out about proper investing. To learn more about these two competitions, please visit https://events.icapital.biz/.

 

i Capital will pause its publication for one issue in the week beginning 21 Jul. However, www.icapital.biz will be updated as usual and the operating hours of our Kuala Lumpur office will remain unchanged. Volume 37, number 1 of i Capital will henceforth be dated 31 Jul - 6 Aug 2025.

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Model launch

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