Lates News

On August 21, before the US stock market opened, the digital freight platform Manbang Group released its second quarter performance report for 2025. In the second quarter of this year, Manbang achieved a record high operating income of 3.239 billion yuan, a year-on-year increase of 17.2%; net profit increased by 50.5% to 1.265 billion yuan; adjusted net profit after non-GAAP reached 1.352 billion yuan, an increase of 39.3% year-on-year. In terms of revenue, freight matching service revenue in the second quarter increased by 18%, with freight brokerage service revenue increasing by 1.1% year-on-year, mainly due to an increase in service fees, but a decrease in transaction volume partially offset this growth. Manbang expects total revenue in the third quarter to be between 3.07 billion and 3.17 billion yuan, an increase of approximately 1.3% to 4.6% year-on-year.