Quhuo Advances Global Strategy, Expanding On-Demand Delivery Services to International Markets
Quhuo Limited - American Depository Shares (QH)
Company Research
Source: PR Newswire
BEIJING, May 7, 2024 /PRNewswire/ -- In recent years, for various reasons, many Chinese concept stocks have been consistently undervalued in overseas capital markets. However, some Chinese e-commerce companies have gone against the current with their professional capabilities in global markets, gaining widespread recognition and showcasing the immense potential for the internationalization of Chinese brands. Against this backdrop, Quhuo (NASDAQ: QH) — a leading gig economy platform focusing on local life services — plans to extend its mature on-demand delivery services to overseas markets, exploring new growth opportunities globally.The international on-demand delivery market boasts a massive consumer scale and high growth potential. According to Brainy Insights, the global online delivery market is expected to grow from USD 216.21 billion in 2022 to USD 667.04 billion by 2032. However, compared to the development of the on-demand delivery industry in China, overseas delivery services
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News
- Quhuo Announces Changes to Board of Directors [Yahoo! Finance]Yahoo! Finance
- Quhuo Announces Changes to Board of DirectorsPR Newswire
- Quhuo Announces Receipt of Nasdaq Notification Letters [Yahoo! Finance]Yahoo! Finance
- Quhuo Announces Receipt of Nasdaq Notification LettersPR Newswire
- Empowering Local Life Services, Quhuo Explores New Domains in SaaS+ Services with Gig Economy Model [Yahoo! Finance]Yahoo! Finance
QH
Sec Filings
- 5/20/24 - Form 6-K
- 5/16/24 - Form 6-K
- 5/8/24 - Form 6-K
- QH's page on the SEC website