Goldman Sachs: give Man Bang a buy rating with a target price of $20.5.

165438+1October 24th news, recently, Goldman Sachs released a research report saying that Manbang's revenue in the third quarter exceeded expectations, giving it a "buy rating" with a 12-month target price of $20.5.

As of press time, the quotation of Manbang is 12.38 USD, down by 5.2 1%, and the total market value is134.43 million USD.

According to official website information, Manbang Group was formed by the merger of Jiangsu Manyun Software Technology Co., Ltd. and Guiyang Freight Car Technology Co., Ltd., two leading domestic highway trunk freight platforms, and was listed on the New York Stock Exchange in June 20021.

By the end of 2020, Manbang Group has covered more than 300 major cities in China, covering more than 6,543,800 lines.

165438+1October 18. Manbang Group announced its financial report for the third quarter of 20021as of September 30th. The financial report shows that in the third quarter of 2002124170,000 yuan, an increase of 68.9% compared with 735 million yuan in the same period of last year; The net loss was 65.438+78.3 million yuan, compared with 334.3 million yuan in the same period in 2020.

In the third quarter of 2002/kloc-0, the total transaction volume of Manbang Group was 67.3 billion yuan, an increase of 48.8% compared with 45.2 billion yuan in the same period of 2020; In the third quarter, 35.3 million orders were completed, an increase of 78.4% compared with19.8 million orders in the same period in 2020; MAU of the shipper reached 1, 6 1, 000, an increase of 32.2% compared with 1.22 million in the same period in 2020.