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Full Truck Alliance drives away with $1.6bn from IPO

Adobestock_truck_575x375_March2021
By Jonathan Breen
22 Jun 2021

China’s Full Truck Alliance (FTA), billed as an Uber-style service for trucks, has raised $1.56bn from its New York IPO. A wave of global demand pushed final pricing to the top of the guidance, said a banker close to the deal.

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By Jonathan Breen
22 Jun 2021