Manbang Group officially listed on the New York Stock Exchange
On June 22, 2021, the Full Truck Alliance, in which the company's fund participated, was listed on the New York Stock Exchange, with a market value of over $24 billion on that day, becoming the "number one digital freight stock". This is the second largest listing transaction of a Chinese company in the United States so far in 2021.
Manbang Group was formed by the merger of Yunmanman and Huozhangbang in 2017. It is an intelligent transportation platform and intelligent logistics service provider, committed to reducing the empty driving rate of truck drivers and improving freight efficiency through big data and artificial intelligence, and creating a super data platform that connects people, vehicles, and goods. After years of development, Manbang is no longer just a freight yellow page service platform. According to the further needs of users, Manbang has gradually upgraded to a logistics ecosystem that integrates freight brokerage services, trading services, and a series of value-added services, and has become more extensive and practical in the industrial chain.