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Stock impact report

Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for August 2022

Senmiao Technology Limited (AIHS) 
Company Research Source: PR Newswire
CHENGDU, China, Sept. 7, 2022 /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 2022. In August 2022, Senmiao and its affiliates reported over 1.0 million total completed orders, a 4.5% increase from over 0.97 million total orders completed in July 2022.Numbers reported since August 2021 include the number of completed orders from Meituan's ride-hailing platform ("the Major Platform") utilizing Senmiao's network of cars and drivers for a set monthly fee. Numbers reported since April 2022 include the number of completed orders from three other ride-hailing platforms in Chengdu, Xiehua, Anma and Xiaoma, under the same cooperation model as Meituan.Since the launch of Senmiao's online ride-hai Show less Read more
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