Full Truck Alliance (FTA) reported robust third-quarter 2025 results, with total revenues of RMB 3.36 billion, marking a 10.8% year-over-year growth. The company's strategic emphasis on digital transformation and enhanced user engagement resulted in a significant 22.3% increase in fulfilled orders.

• Total fulfilled orders reached 63.4 million, reflecting a 22.3% year-over-year increase, driven by strong platform engagement.
• Average monthly active shippers climbed to 3.35 million, up 17.6% year-over-year, indicating heightened user acquisition and retention.
• Non-GAAP adjusted net income surged to RMB 988.1 million, showcasing effective cost management and revenue optimization.
• The acquisition of Giga.AI fortified FTA's AI capabilities, further enhancing its technological edge in logistics.
• Overall fulfillment rate rose to 40.6%, improving by 6 percentage points year-over-year, highlighting operational efficiencies.