Full Truck Alliance

IPO

Empower enterprises with greater logistics competitiveness

Headquarters
Guiyang
Employees
5001–10000
Founded
2017
Business Model
Marketplace
Total Funding
$1.7B
Valuation
$12.0BNov 2020
Last Round
$1.7B Series DNov 2020
Rounds
1
Type
Public

About

Full Truck Alliance (FTA) operates China's leading digital freight platform, connecting millions of shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. The platform provides freight listing, brokerage, and transaction services alongside value-added logistics solutions. In Q4 2025, FTA averaged 3.28 million monthly active shippers and served 4.59 million truckers, facilitating 63.9 million fulfilled orders.

Tech & App Stack

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Funding History

IPOInitial Public OfferingJun 2021
Series DSeries DNov 2020

Investors

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