Full Truck Alliance Co. Ltd. (YMM)
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Full Truck Alliance: digital freight scale has to keep proving profitable network effects
YMM has an annual revenue baseline of RMB12.5B, latest revenue marker of FY2025 earnings 6-K; no newer quarterly revenue in companyfacts, annual net income of RMB4.5B and cash of RMB6.1B cash and cash equivalents. The thesis depends on revenue durability, marg
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