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Stock impact report

Empowering Local Life Services, Quhuo Explores New Domains in SaaS+ Services with Gig Economy Model [Yahoo! Finance]

Quhuo Limited - American Depository Shares (QH) 
Company Research Source: Yahoo! Finance
local community-centered services in China , announced a significant strategic deployment: expanding SaaS+ service scenarios into medical care, long-term residential housing, and elderly care apartments. Leveraging the gig economy model, Quhuo aims to reduce costs and increase efficiency for local life service providers, thereby driving further development for both enterprises and the industry. In recent years, against the backdrop of increasing economic uncertainty, the traditional direct employment model has been unable to meet the flexible and varied human resource needs of enterprises. The release of the "China Flexible Employment Blue Book" in 2023 highlighted this trend, with nearly 70% of national enterprises attempting to adopt gig economy methods, and over 35% of positions now utilizing gig economy model. This shift not only reflects the market's urgent demand for flexibility but also signifies the rapid development of the "new gig economy." Leveraging over a decade of de Show less Read more
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