News Snapshot:
An Uber-like Chinese startup for trucks seeks to raise about $2 billion ahead of its 2021 IPO, report says An Uber-like Chinese startup for trucks seeks to raise about $2 billion ahead of its 2021 IPO, report says VCG / Contributor A Chinese startup that offers truck-hailing services is raising almost $2 billion ahead of its planned 2021 initial public offering, the Wall Street Journal reported. The Uber-style service, known as Full Truck Alliance, is valued at $10 billion ahead of the capital fundraising. The company counts a number of prominent names among its investors including Japan’s SoftBank and Google...