On the Record · Full Truck Alliance
Full Truck Alliance acquisitions, on the record
The businesses Full Truck Alliance bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Guiyang HuochebangWord for word“In March 2021, as directed by FTA Information, Guizhou FTA, a newly established entity, acquired 100% of equity interest in Guiyang Huochebang for a nominal price from the shareholders of Guiyang Huochebang, and FTA Information gained control over Guizhou FTA through a series of contractual arrangements with Guizhou FTA and its shareholders.” 20-F for 2023 | acquisition | March 2021 | a nominal price |
Guizhou FTAWord for word“On January 1, 2022, FTA Information acquired Guizhou FTA from its shareholders and it became a wholly-owned subsidiary of FTA Information.” 20-F for 2023 | acquisition | January 1, 2022 | — |
Shanghai Xiwei and Beijing ManxinWord for word“We acquired Shanghai Xiwei and Beijing Manxin from Manyun Software and they became indirectly wholly-owned subsidiaries of Jiangsu Yunmanman on January 1, 2022.” 20-F for 2023 | acquisition | January 1, 2022 | — |
Beijing Manxin and Shanghai XiweiWord for word“Manyun Software acquired Beijing Manxin and Shanghai Xiwei from their respective shareholders for nominal price and they became indirectly wholly-owned subsidiaries of Manyun Software in November 2021.” 20-F for 2023 | acquisition | November 2021 | nominal price |
Manyun Cold ChainWord for word“In May 2022, Yixing Manxian gained control over Manyun Cold Chain, which was a majority-owned subsidiary of Manyun Software, through a series of contractual arrangements with Manyun Cold Chain and its shareholders.” 20-F for 2023 | acquisition | May 2022 | — |
Yunmanman and HuochebangWord for word“FTA was formed in 2017 through the business merger of Yunmanman and Huochebang , which were founded in 2013 and 2011, respectively.” 20-F for 2023 | merger | 2017 | — |
Guiyang Huochebang Technology Co., Ltd.Word for word“In March 2021, as directed by FTA Information, Guizhou FTA, a newly established entity, acquired 100% of equity interest in Guiyang Huochebang for a nominal price from the shareholders of Guiyang Huochebang, and FTA Information gained control over Guizhou FTA through a series of contractual arrangements with Guizhou FTA and its shareholders.” 20-F for 2025 | acquisition | March 2021 | nominal price |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2021-12-31 | $38 million |
| 2022-12-31 | $11.1 million |
| 2023-12-31 | $0 |
| 2024-12-31 | $0 |
| 2025-12-31 | −$21.5 million |
Read from Full Truck Alliance’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-14. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.