Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO

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Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO

Bloomberg2021-06-16

Full Truck Alliance is backed by SoftBank, Tencent, Sequoia Kanzhun’s $912 million IPO reopened pipeline for Chinese deals Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...

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lamedillon
·2021-06-16
?
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Yonghuilee
·2021-06-16
Cool
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blo
·2021-06-16
Interesting
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1
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- Bbex:
  Yes
  2021-06-16
  Reply
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Alv2727
·2021-06-16
Very innovative
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Jyingyang
·2021-06-16
Finally, legit business with good prospects lets go
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Limpek
·2021-06-16
IPO funded by Softbank again.
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- 超群yibo:
  Many to come
  2021-06-17
  Reply
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AhChong
·2021-06-16
Interesting
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3
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vinchoo
·2021-06-16
Pls like and comment
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2
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- ckww:
  Sure
  2021-06-16
  Reply
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Jimchanfc
·2021-06-16
Woohoo
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Machine23
·2021-06-16
please like and comment .... thank u
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3
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- ckww:
  No problem
  2021-06-16
  Reply
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ccgcc
·2021-06-16
The way to go
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1
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WeiweiWei
·2021-06-16
Pls like and comment
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1
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- Davidgoh18:
  time to get capital before next wave of correction
  2021-06-16
  Reply
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- MugenQiang:
  ok
  2021-06-16
  Reply
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OlaTrade
·2021-06-16
[Wow]
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1
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Jknn
·2021-06-16
Wow
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3
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TK63
·2021-06-16
Wow
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2
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ninichang
·2021-06-16
[財迷]
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1
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SIYICHEW
·2021-06-16
Like please(:
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3
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babibluR
·2021-06-16
Wow
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2
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- yangmehmeh:
  Yea
  2021-06-16
  Reply
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luluu
·2021-06-16
Wow following Didi's IPO footsteps. Looks like IPO season for China stocks
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- Nasneep:
  Hmm mhm
  2021-06-16
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HueiKwang
·2021-06-16
Shared vehicle is booming…
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4
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- HueiKwang:
  Yeah
  2021-06-16
  Reply
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- HueiKwangReplying toHuiEr:
  Gogogo
  2021-06-16
  Reply
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- HuiErReplying toHueiKwang:
  buy buy buy
  2021-06-16
  Reply
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Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. 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It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":169183284,"gmtCreate":1623821575048,"gmtModify":1703820533036,"author":{"id":"3574935853759297","authorId":"3574935853759297","name":"lamedillon","avatar":"https://static.tigerbbs.com/3c13357531aa780588ec475055d52e83","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3574935853759297","idStr":"3574935853759297"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169183284","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":169915842,"gmtCreate":1623812240486,"gmtModify":1703820246825,"author":{"id":"3579779054030805","authorId":"3579779054030805","name":"Yonghuilee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3579779054030805","idStr":"3579779054030805"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169915842","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":169087401,"gmtCreate":1623809321303,"gmtModify":1703820125328,"author":{"id":"3572390897790291","authorId":"3572390897790291","name":"blo","avatar":"https://static.tigerbbs.com/d90192eace0d90963b2e795671771ad8","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3572390897790291","idStr":"3572390897790291"},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169087401","repostId":1181055193,"repostType":2,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4799596,"gmtCreate":1623811088479,"gmtModify":1663228980053,"authorId":3585495612404250,"author":{"id":3585495612404250,"idStr":"3585495612404250","authorId":3585495612404250,"name":"Bbex","avatar":"https://static.tigerbbs.com/1b9742a298df2a05cd66c61894a464d3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":169087401,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":169083793,"gmtCreate":1623809079012,"gmtModify":1703820116920,"author":{"id":"3555971031387109","authorId":"3555971031387109","name":"Alv2727","avatar":"https://static.tigerbbs.com/03ceb666cc59dd953c87704484cb112e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3555971031387109","idStr":"3555971031387109"},"htmlText":"Very innovative","listText":"Very innovative","text":"Very innovative","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169083793","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":169016171,"gmtCreate":1623808849993,"gmtModify":1703820107677,"author":{"id":"3557042150703199","authorId":"3557042150703199","name":"Jyingyang","avatar":"https://static.tigerbbs.com/8a8ba7eec847ba16499cee54495a9a24","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3557042150703199","idStr":"3557042150703199"},"htmlText":"Finally, legit business with good prospects lets go","listText":"Finally, legit business with good prospects lets go","text":"Finally, legit business with good prospects lets go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169016171","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":169033628,"gmtCreate":1623808551864,"gmtModify":1703820090472,"author":{"id":"3585026211789841","authorId":"3585026211789841","name":"Limpek","avatar":"https://static.tigerbbs.com/e38d5e6a0aa567606fd0fd668de77588","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3585026211789841","idStr":"3585026211789841"},"htmlText":"IPO funded by Softbank again.","listText":"IPO funded by Softbank again.","text":"IPO funded by Softbank again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169033628","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4836321,"gmtCreate":1623918873399,"gmtModify":1663229145443,"authorId":3576231291459124,"author":{"id":3576231291459124,"idStr":"3576231291459124","authorId":3576231291459124,"name":"超群yibo","avatar":"https://static.tigerbbs.com/6594cf6901beda8fdf0f00a0e5853f18","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":169033628,"type":1,"supId":0,"prevId":0,"content":"Many to come","text":"Many to come","html":"Many to come"}],"langContent":"EN"},{"id":169039780,"gmtCreate":1623808515740,"gmtModify":1703820089982,"author":{"id":"3581820442239185","authorId":"3581820442239185","name":"AhChong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581820442239185","idStr":"3581820442239185"},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169039780","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":169001808,"gmtCreate":1623808058404,"gmtModify":1703820062013,"author":{"id":"3579851472763044","authorId":"3579851472763044","name":"vinchoo","avatar":"https://static.tigerbbs.com/1ddc1ef6aa7965d2e2564e7d9f703b6c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579851472763044","idStr":"3579851472763044"},"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169001808","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4798272,"gmtCreate":1623808739908,"gmtModify":1663228975150,"authorId":3581586523786578,"author":{"id":3581586523786578,"idStr":"3581586523786578","authorId":3581586523786578,"name":"ckww","avatar":"https://static.tigerbbs.com/bc2cc1ef6533d547201ce880e7c04b9c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":169001808,"type":1,"supId":0,"prevId":0,"content":"<u>Sure</u>","text":"<u>Sure</u>","html":"<u>Sure</u>"}],"langContent":"EN"},{"id":160778441,"gmtCreate":1623807836983,"gmtModify":1703820050972,"author":{"id":"3580942055840541","authorId":"3580942055840541","name":"Jimchanfc","avatar":"https://static.tigerbbs.com/d38914f80f89dfb4ac6b61f5166d33f3","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3580942055840541","idStr":"3580942055840541"},"htmlText":"Woohoo","listText":"Woohoo","text":"Woohoo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160778441","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":160748888,"gmtCreate":1623807565444,"gmtModify":1703820036056,"author":{"id":"3574907279320575","authorId":"3574907279320575","name":"Machine23","avatar":"https://static.tigerbbs.com/4e7c812dbe184947690c36d45b6469be","vip":1,"crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3574907279320575","idStr":"3574907279320575"},"htmlText":"please like and comment .... thank u","listText":"please like and comment .... thank u","text":"please like and comment .... thank u","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160748888","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4798288,"gmtCreate":1623808758501,"gmtModify":1663228974343,"authorId":3581586523786578,"author":{"id":3581586523786578,"idStr":"3581586523786578","authorId":3581586523786578,"name":"ckww","avatar":"https://static.tigerbbs.com/bc2cc1ef6533d547201ce880e7c04b9c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":160748888,"type":1,"supId":0,"prevId":0,"content":"No <u>problem</u>","text":"No <u>problem</u>","html":"No <u>problem</u>"}],"langContent":"EN"},{"id":160741251,"gmtCreate":1623807548273,"gmtModify":1703820034600,"author":{"id":"3572907184723637","authorId":"3572907184723637","name":"ccgcc","avatar":"https://static.tigerbbs.com/d47d167de56d845089589ac7a6f13ddc","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3572907184723637","idStr":"3572907184723637"},"htmlText":"The way to go","listText":"The way to go","text":"The way to go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160741251","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":160756211,"gmtCreate":1623807294333,"gmtModify":1703820024581,"author":{"id":"3580460013903930","authorId":"3580460013903930","name":"WeiweiWei","avatar":"https://static.tigerbbs.com/6389be3e31881462496768954764f1fd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3580460013903930","idStr":"3580460013903930"},"htmlText":"Pls like and comment&nbsp;","listText":"Pls like and comment&nbsp;","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/160756211","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4798324,"gmtCreate":1623808804957,"gmtModify":1663228974942,"authorId":3569149523842919,"author":{"id":3569149523842919,"idStr":"3569149523842919","authorId":3569149523842919,"name":"Davidgoh18","avatar":"https://static.tigerbbs.com/71f448e2dc5894b50df2e08bdf98ded4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":160756211,"type":1,"supId":0,"prevId":0,"content":"time to get capital before next wave of correction","text":"time to get capital before next wave of correction","html":"time to get capital before next wave of correction"},{"id":4798471,"gmtCreate":1623809084953,"gmtModify":1635317425540,"authorId":3576130746722228,"author":{"id":3576130746722228,"idStr":"3576130746722228","authorId":3576130746722228,"name":"MugenQiang","avatar":"https://static.tigerbbs.com/f17ec4e89d68e2bc6ac39a336e9be71c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":160756211,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":160722005,"gmtCreate":1623807067007,"gmtModify":1703820010977,"author":{"id":"3554977762049279","authorId":"3554977762049279","name":"OlaTrade","avatar":"https://static.tigerbbs.com/5fd2f4ffd4857f822caa926165ffbf07","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3554977762049279","idStr":"3554977762049279"},"htmlText":"[Wow]&nbsp;","listText":"[Wow]&nbsp;","text":"[Wow]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160722005","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":160720819,"gmtCreate":1623806964331,"gmtModify":1703820003026,"author":{"id":"3583799838958491","authorId":"3583799838958491","name":"Jknn","avatar":"https://static.tigerbbs.com/eb2b959f0308d1d6b4a090e23da33efd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3583799838958491","idStr":"3583799838958491"},"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160720819","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":160762861,"gmtCreate":1623806873553,"gmtModify":1703819997823,"author":{"id":"3568965050760713","authorId":"3568965050760713","name":"TK63","avatar":"https://static.tigerbbs.com/a4080eac72045136aac680a580145aba","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3568965050760713","idStr":"3568965050760713"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160762861","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":160762190,"gmtCreate":1623806868910,"gmtModify":1703819997984,"author":{"id":"3575529308403643","authorId":"3575529308403643","name":"ninichang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575529308403643","idStr":"3575529308403643"},"htmlText":"[財迷]&nbsp;","listText":"[財迷]&nbsp;","text":"[財迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160762190","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":160780440,"gmtCreate":1623806565480,"gmtModify":1703819976478,"author":{"id":"3575533288044945","authorId":"3575533288044945","name":"SIYICHEW","avatar":"https://static.tigerbbs.com/665ad9496007706d1a0b6b97aee2aa43","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575533288044945","idStr":"3575533288044945"},"htmlText":"Like please(:","listText":"Like please(:","text":"Like please(:","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160780440","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":160713943,"gmtCreate":1623806357582,"gmtModify":1703819963536,"author":{"id":"3579733029071592","authorId":"3579733029071592","name":"babibluR","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3579733029071592","idStr":"3579733029071592"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160713943","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4796755,"gmtCreate":1623806396475,"gmtModify":1663228966741,"authorId":3574468336320831,"author":{"id":3574468336320831,"idStr":"3574468336320831","authorId":3574468336320831,"name":"yangmehmeh","avatar":"https://static.tigerbbs.com/23b89d5a0acbdb3dac0211c8eea5acb3","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":160713943,"type":1,"supId":0,"prevId":0,"content":"Yea","text":"Yea","html":"Yea"}],"langContent":"EN"},{"id":160719187,"gmtCreate":1623806339149,"gmtModify":1703819962405,"author":{"id":"3554800796106880","authorId":"3554800796106880","name":"luluu","avatar":"https://static.tigerbbs.com/630f653354a121b8d0228832009d2b82","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3554800796106880","idStr":"3554800796106880"},"htmlText":"Wow following Didi's IPO footsteps. Looks like IPO season for China stocks","listText":"Wow following Didi's IPO footsteps. Looks like IPO season for China stocks","text":"Wow following Didi's IPO footsteps. Looks like IPO season for China stocks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160719187","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4797533,"gmtCreate":1623807353794,"gmtModify":1663228970442,"authorId":3570867414654910,"author":{"id":3570867414654910,"idStr":"3570867414654910","authorId":3570867414654910,"name":"Nasneep","avatar":"https://static.tigerbbs.com/83b0b3521af184a6144e127f4b6ebbe7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":160719187,"type":1,"supId":0,"prevId":0,"content":"Hmm mhm","text":"Hmm mhm","html":"Hmm mhm"}],"langContent":"EN"},{"id":160710981,"gmtCreate":1623806288443,"gmtModify":1703819960623,"author":{"id":"3576803977335172","authorId":"3576803977335172","name":"HueiKwang","avatar":"https://static.tigerbbs.com/0b383f4a30ca6333c52769097600ed0b","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3576803977335172","idStr":"3576803977335172"},"htmlText":"Shared vehicle is booming…","listText":"Shared vehicle is booming…","text":"Shared vehicle is booming…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/160710981","repostId":1181055193,"repostType":4,"repost":{"id":"1181055193","pubTimestamp":1623805043,"share":"https://ttm.financial/m/news/1181055193?lang=&edition=fundamental","pubTime":"2021-06-16 08:57","market":"us","language":"en","title":"Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1181055193","media":"Bloomberg","summary":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipe","content":"<ul>\n <li>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia</li>\n <li>Kanzhun’s $912 million IPO reopened pipeline for Chinese deals</li>\n</ul>\n<p>Full Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.</p>\n<p>The firm, backed by investors including&nbsp;SoftBank Group Corp.&nbsp;and&nbsp;Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.</p>\n<p>At the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.</p>\n<p>Full Truck Alliance will follow the successful debut by&nbsp;Kanzhun Ltd., the Chinese online recruitment platform whose shares&nbsp;almost doubled&nbsp;in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.</p>\n<p>Companies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.</p>\n<p>The Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.</p>\n<p>The company&nbsp;posted&nbsp;net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.</p>\n<p>Manbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader&nbsp;Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.</p>\n<p>Formed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a&nbsp;cash infusion&nbsp;of $1.7 billion last year.</p>\n<p>Full Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.</p>\n<p>The offering is being led by&nbsp;Morgan Stanley,China International Capital Corp.and&nbsp;Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Uber-for-Trucks Startup Seeks $1.57 Billion in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SFTBY":"软银集团"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-16/chinese-uber-for-trucks-startup-seeks-1-57-billion-in-u-s-ipo","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181055193","content_text":"Full Truck Alliance is backed by SoftBank, Tencent, Sequoia\nKanzhun’s $912 million IPO reopened pipeline for Chinese deals\n\nFull Truck Alliance Co., an Uber-like trucking startup, is looking to raise as much as $1.57 billion in a initial public offering, which would make it one of the biggest U.S. listings by a Chinese company this year.\nThe firm, backed by investors including SoftBank Group Corp. and Tencent Holdings Ltd., is offering 82.5 million American depositary shares for $17 to $19 apiece, according to a filing with the U.S. Securities and Exchange Commission.\nAt the top of that range, the IPO would rival January’s listing by Beijing-based RLX Technology Inc., which raised more than $1.6 billion including so-called greenshoe shares. Full Truck Alliance’s offering also has a provision for underwriters to issue additional greenshoe shares, which would likely push it past RLX’s total.\nFull Truck Alliance will follow the successful debut by Kanzhun Ltd., the Chinese online recruitment platform whose shares almost doubled in the first day of trade on Nasdaq last week. Kanzhun’s $912 million offering priced at the top of the marketed range, unclogging the pipeline for share sales by China-based companies after several others had put plans for U.S. listingson hold.\nCompanies based in China and Hong Kong have raised $8.4 billion in U.S. IPOs this year, more than four times the amount this time last year, according to data compiled by Bloomberg.\nThe Guiyang-based startup, known as Manbang in Chinese, intends to use the proceeds for investment in infrastructure development and technology innovation, expansion of service offerings and general corporate purposes including working capital needs and potential acquisitions and investments.\nThe company posted net revenue of 2.58 billion yuan ($400 million) in 2020, with its net loss widening to 3.47 billion yuan from 1.52 billion yuan in 2019.\nManbang has been facing stiffening competition as rivals try to win a slice of an evolving market. Giants from car-hailing leader Didi Chuxing Technology Co.to Alibaba Group Holding Ltd. are introducing technology to streamline shipping, connecting merchants with truckers and delivery firms.\nFormed by a merger between China’s two largest truck-sharing platforms -- Huochebang and Yunmanman -- Manbang’s backers include Alphabet Inc.’s CapitalG, Sequoia Capital China, Fidelity International and Jack Ma’s Yunfeng Capital. It received a cash infusion of $1.7 billion last year.\nFull Truck Alliance will set the final IPO price on June 21, according to a term sheet obtained by Bloomberg News.\nThe offering is being led by Morgan Stanley,China International Capital Corp.and Goldman Sachs Group Inc.The shares are expected to trade on the New York Stock Exchange under the symbol YMM.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4797162,"gmtCreate":1623806910032,"gmtModify":1663228970530,"authorId":3576803977335172,"author":{"id":3576803977335172,"idStr":"3576803977335172","authorId":3576803977335172,"name":"HueiKwang","avatar":"https://static.tigerbbs.com/0b383f4a30ca6333c52769097600ed0b","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":160710981,"type":1,"supId":4797128,"prevId":0,"content":"Yeah","text":"Yeah","html":"Yeah"},{"id":4797255,"gmtCreate":1623807003228,"gmtModify":1663228970448,"authorId":3576803977335172,"author":{"id":3576803977335172,"idStr":"3576803977335172","authorId":3576803977335172,"name":"HueiKwang","avatar":"https://static.tigerbbs.com/0b383f4a30ca6333c52769097600ed0b","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":3577068381472100,"repliedAuthor":{"id":3577068381472100,"idStr":"3577068381472100","authorId":3577068381472100,"name":"HuiEr","avatar":"https://static.tigerbbs.com/dc757214722cde01272e2656433b40a8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":160710981,"type":1,"supId":4797128,"prevId":4797182,"content":"Gogogo","text":"Gogogo","html":"Gogogo"},{"id":4797182,"gmtCreate":1623806925307,"gmtModify":1663228968935,"authorId":3577068381472100,"author":{"id":3577068381472100,"idStr":"3577068381472100","authorId":3577068381472100,"name":"HuiEr","avatar":"https://static.tigerbbs.com/dc757214722cde01272e2656433b40a8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3576803977335172,"repliedAuthor":{"id":3576803977335172,"idStr":"3576803977335172","authorId":3576803977335172,"name":"HueiKwang","avatar":"https://static.tigerbbs.com/0b383f4a30ca6333c52769097600ed0b","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"objectId":160710981,"type":1,"supId":4797128,"prevId":4797162,"content":"buy buy buy","text":"buy buy buy","html":"buy buy buy"},{"id":4797128,"gmtCreate":1623806882263,"gmtModify":1631893404265,"authorId":3577068381472100,"author":{"id":3577068381472100,"idStr":"3577068381472100","authorId":3577068381472100,"name":"HuiEr","avatar":"https://static.tigerbbs.com/dc757214722cde01272e2656433b40a8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":160710981,"type":1,"supId":0,"prevId":0,"content":"boom boom boom","text":"boom boom boom","html":"boom boom boom"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":104,"commentSize":27,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}