China's Truck Alliance in talks to raise $1b at a valuation of $9b

China's Truck Alliance in talks to raise $1b at a valuation of $9b

Photo by Seb Creativo on Unsplash

Full Truck Alliance Group is close to securing as much as $1 billion in new funds to replenish its war chest and jumpstart an expansion into driverless technology, according to people familiar with the matter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter