China's Manbang trades up after $1.57b US offering
Manbang, a China trucking business that claims to be the world’s largest digital freight platform, gained 13% on debut following a $1.57 billion IPO in the US.
The company – also known as Full Truck Alliance – sold 82.5 million American Depository Shares (ADS) at $19.00 apiece, representing the top end of the indicative range, according to a filing. Meanwhile,...
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