Full Truck Alliance
Full Truck Alliance (FTA) is the leading online commercial freight platform in China in the full-truck-load segment. Its mobile applications provide match-making services to shippers, third-party logistics providers and truck drivers in China’s road freight logistics market, improving transportation efficiency by reducing transaction costs and the number of empty return loads. With 5 million and 10 million shippers and truckers respectively on the platform, FTA has captured a significant share of market participants and freight traffic across the country. The platform has also become the leading ecosystem for value-added services, including electronic toll collection, financial and energy services for commercial trucking in China.
Permira Growth Opportunities agrees to acquire minority stake in Full Truck Alliance
News | 20th November 2020Find out more