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  "documentTitle": "Full Track Alliance | Results Presentation Deck | 18 slides",
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  "authorName": "Full Truck Alliance",
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  "presentationDate": "2023-11-01 00:00:00",
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      "kind": "source-note",
      "text": "Notes: 1. While there are other less significant tax costs associated with an actual freight brokerage transaction, only VAT and related refunds are included in the calculation above 2. For more information please refer to the Company's annual report",
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      "text": "Item Amount (RMB) Explanatory Note Financial Recognition Shipping fee and platform service fee received from the shipper, including VAT of RMB89 assuming VAT rate of 9% 1,068 VAT is included in the transaction price with the shipper Not in financial statements Shipping fee paid to the trucker 1,000 The shipping fee is agreed between the shipper and the trucker Not in financial statements Net revenue recognized 68 The difference between the amount we collect from the shippers and the amount we pay to the truckers is our platform service fee Revenue VAT payable to tax authorities and recorded in cost of revenue 89 Cost of revenue (1) Government subsidies based on VAT 45 We receive VAT refunds from local government authorities, and the rate of refund may vary across jurisdictions and over time Cost of revenue (deduction) Net contribution after VAT effect 24 Only VAT is factored in here",
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      "name": "Quick Win Big Bet",
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