YMM News

IPO Market Sets Another Post-2000 Record in the Second Quarter The US IPO market delivered another landmark quarter in the 2Q21, with 115 IPOs raising $40.7 billion. It was the biggest quarter for IPOs in over two decades in terms of both deal count and proceeds, a record that was just broken last quarter. After a...read more

16 IPOs went public in another active week for the IPO market, led by digital physicians network Doximity (DOCS), which soared 104% in its debut. The week’s IPOs were joined by four SPACs, as well as one postponement, Chinese social networking platform Soulgate (SSR). Doximity (DOCS) priced above the range to raise...read more

Full Truck Alliance, a digital freight platform that connects shippers and truckers in China, raised $1.6 billion by offering 82.5 million ADSs at $19, the high end of the range of $17 to $19.  Insider Fidelity and new investor Invesco had indicated on $100 million and $500 million worth of ADSs in the offering, respectively (38% of the deal in total). The company also planned...read more

Updated Monday, 6/21/21. 17 IPOs are scheduled to raise $6.3 billion in the week ahead, led by two billion-dollar deals. Chinese freight platform Full Truck Alliance (YMM) plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights,...read more