China-Focused Serenity Capital Boosts "Uber for Trucks" Stake by $17.9 Million
2026-05-12 12:04:48 ET
On May 12, 2026, Serenity Capital Management disclosed a buy of Full Truck Alliance (NYSE:YMM) , adding 1,880,010 shares in a transaction estimated at $17.88 million based on quarterly average pricing.
According to a Securities and Exchange Commission (SEC) filing dated May 12, 2026, Serenity Capital Management increased its stake in Full Truck Alliance by 1,880,010 shares. The estimated transaction value, based on the average closing price for the first quarter of 2026, was $17.88 million. The quarter-end position value rose by $11.21 million, a figure that includes both trading activity and changes in share price.
Full Truck Alliance operates a digital freight platform in China, facilitating connections between shippers and truckers. The company provides integrated technology and value-added services for its customer base.
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