NYSE:YMMTransportation
Assessing Full Truck Alliance (NYSE:YMM) Valuation After Q2 Beat, Fee Increases, and Guidance Update
If you are eyeing Full Truck Alliance (NYSE:YMM) after its latest earnings report, the recent moves might have you wondering what comes next. The company came in ahead of expectations for both revenue and net income in the second quarter, thanks to strong gains in transaction service revenues and better operational efficiency. At the same time, management unveiled a strategic pivot by hiking freight brokerage service fees to make up for shrinking government subsidies, signaling a delicate...