YMM News & Events

The company's board of directors approved an extension of the original share repurchase program adopted in March 2024 such that the company may repurchase up to $200M of its ADSs and/or ordinary shares through March 12.

The company said, "The Company expects its total net revenues to be between RMB2.70 billion and RMB2.80 billion for the first quarter of 2026, representing approximately flat to a 3.9% year-over-year increase. Excluding freight brokerage service, net revenues are expected to range from RMB1.98 billion to RMB2.06 billion, representing an estimated year-over-year growth rate of 13.9% to 19.0%. These forecasts are based on the Company's current and preliminary view of the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof."

Reports Q4 revenue $465.5M vs. $434.9M last year. Fulfilled orders in the fourth quarter of 2025 reached 63.9 million, an increase of 12.3%. Average shipper MAUs in the fourth quarter of 2025 reached 3.28M, an increase of 11.6%. Peter Hui Zhang, founder, chairman, and CEO commented, "We achieved improvements in both user experience and profitability amid a complex market environment in the fourth quarter of 2025 through disciplined strategic execution. For the full year, fulfilled orders exceeded 236 million, representing nearly 20% year-over-year growth; average shipper MAUs increased 18.6% year over year, reflecting a healthier ecosystem across both shippers and truckers. Meanwhile, we piloted AI assistant capabilities for shippers to enhance fulfillment efficiency across the platform. Looking ahead, we will accelerate the adoption of AI across logistics transactions and fulfillment, creating greater value for the industry."

Latest data shows the largest indicative borrow rate increases among liquid option names include: Regencell Bioscience Holdings Ltd (RGC) 192.53% +2.91, Columbus Circle Capital Corporation I (BRR) 20.05% +1.89, New Fortress Energy (NFE) 82.69% +1.33, Reviva Pharmaceuticals Holdings (RVPH) 19.00% +0.72, T-REX 2X Long BMNR Daily Target ETF (BMNU) 30.82% +0.70, Faraday Future Intelligent Electric Inc (FFAI) 10.36% +0.69, ProShares UltraShort Lehman 20 plus Year Treasury (TBT) 15.15% +0.67, GDXJ (GDXJ) 1.08% +0.53, ProShares UltraPro Short S&P 500 (SPXU) 13.93% +0.48, and Full Truck Alliance (YMM) 0.96% +0.38.