Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for August 2021
Senmiao Technology Limited (AIHS)
US:NASDAQ Investor Relations:
prnewswire.com/news-releases/senmiao-technology-limited-announces-pricing-of-us120-million-firm-commitment-initial-public-offering-300615172.html
Company Research
Source: PR Newswire
CHENGDU, China, Sept. 15, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of August 2021. In August 2021, Senmiao's platform reported 530,000 completed orders, compared to approximately 1.7 million in July 2021. The decrease was a result of a new contract entered by the Company and Shanghai Lutuan Technology, an affiliate of Meituan (HK: 3690), China's leading e-commerce platform for services, as announced in a press release on September 14, 2021. According to this new cooperation agreement, online ride-hailing requests and orders will be completed on Meituan's platform ("the major platform") utilizing Senmiao's network of cars and drivers for a set monthly fee.In August 2021, Senmiao leased c
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AIHS
Sec Filings
- 4/24/24 - Form 8-K
- 3/28/24 - Form 8-K
- 3/7/24 - Form DEF
- AIHS's page on the SEC website