Quhuo Limited

Quhuo Ltd. engages in the development of workforce operational solution platform. It provides technology-enabled solutions to blue-chip consumer service businesses in industries with electronic commerce exposure such as food delivery, ride-hailing, housekeeping, and bike-sharing. The company was founded by Zhen Ba, Shuyi Yang, and Leslie Yu in 2012 and is headquartered in Beijing, China.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

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Quhuo Limited (NASDAQ:QH ) Q2 2023 Earnings Conference Call April 3, 2024 8:00 AM ET Company Participants Qishu Wang - Associate Manager of IR Leslie Yu - Chairman and CEO Barry Ba - CFO Conference Call Participants Operator Good day and welcome Quhuo Limited 2023 H2 and Full Year Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

Quhuo Limited (QH) Q2 2023 Earnings Call Transcript

Vehicle export service contracts for 3,000 units have been signed, of which over 1,900 units have been shipped and generated revenues of RMB 154.5 million. SaaS+ services empowered housekeeping and accommodation solutions and other services, driving a significant increase in profitability.

Quhuo Announced the Unaudited Financial Results for the 2023H2 and Full Year: Second Growth Curve Broadens New Growth Space

BEIJING , April 3, 2024 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading gig economy platform focusing on local life services in China, today reported its unaudited financial results for the six months and full year ended December 31, 2023. Financial and Operational Highlights for the Second Half of 2023 Revenues from vehicle export solutions that were launched in May 2023 were RMB142.5 million (US$20.1 million), accounting for 81.3% of revenues from mobility solution services, driving a 239.6% year-over-year increase in the latter's revenue.

Quhuo Reports Unaudited Financial Results for the Second Half and Full Year 2023

BEIJING , March 28, 2024 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading gig economy platform focusing on life services in China, today announced that it will report unaudited financial results for the second half and full year 2023 before the open of the U.S. markets on Wednesday, April 3, 2024. The Company's management will hold a conference call on Wednesday, April 3, 2024, at 8:00 a.m.

Quhuo to Report Unaudited Financial Results for the Second Half and Full Year 2023 on April 3, 2024

BEIJING, March 25, 2024 /PRNewswire/ -- As the global used car market continues to expand and China's automobile production and sales soar worldwide, as the new overseas business division of Quhuo Limited (NASDAQ: QH) ("Quhuo" or "the Company"), a leading gig economy platform focusing on local community-centered services in China, Quhuo International has launched its unique "full-managed model" used car export trading platform, Carnuxt, aiming to redefine "international trade in used cars". In recent years, the international trade of the global used car market has witnessed unprecedented growth.

Quhuo International Leads Innovation: Carnuxt Platform Revolutionizes International Used Car Trade with Full-Management Model

BEIJING , March 4, 2024 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local life services in China, has recently made significant strides in the homestay industry with its Chengtu Home ("Chengtu") division. Chengtu announced the launch of a new rural homestay collaboration project, expanding its presence in the sector.

Quhuo's Homestay Business Branch Embarks on New Collaborative Ventures, Establishing 'Chengtu Rural Residence' Brand to Deepen Presence in Homestay Industry

BEIJING , Feb. 20, 2024 /PRNewswire/ -- Quhuo Limited ("Quhuo" or the "Company") (NASDAQ: QH), a leading gig economy platform focusing on local life services in China, today announced the results of the Company's 2023 annual general meeting of shareholders ("2023 AGM") held on February 19, 2024 at 10:00 a.m. (local time) in Beijing, China.

Quhuo Limited Announces Results of 2023 Annual General Meeting

BEIJING , Feb. 17, 2024 /PRNewswire/ -- Quhuo Limited ("Quhuo" or the "Company") (NASDAQ: QH), a leading gig economy platform focusing on local life services in China, announces a change of venue for its upcoming annual general meeting of shareholders scheduled to be held on February 19, 2024. The location of the meeting will now be changed to 3F, Building A, Xin'anmen, No.

Quhuo Limited Announces Change of Venue for 2023 Annual General Meeting

BEIJING , Jan. 17, 2024 /PRNewswire/ -- Quhuo Limited ("Quhuo" or the "Company") (NASDAQ: QH), a leading gig economy platform focusing on local life services in China, today announced that it will hold its 2023 annual general meeting of shareholders at 3rd Floor, Block A, Tonghui Building, No. 1132 Huihe South Street, Chaoyang District, Beijing 100020, The People's Republic of China on February 19, 2024, at 10:00 a.m.

Quhuo to Hold 2023 Annual General Meeting on February 19, 2024

BEIJING , Oct. 26, 2023 /PRNewswire/ -- The National Day holiday in China stands as one of the peaks in the country's tourism market. Quhuo Limited (NASDAQ: QH) ( "Quhuo" or the "Company"), a leading gig economy platform focusing on local life services in China, achieved remarkable results in its homestay sector during this holiday.

Quhuo's Homestay Sector Reports Solid Sales Performance During National Day with Significant Year-on-Year Revenue Growth

BEIJING , Sept. 7, 2023 /PRNewswire/ -- Quhuo International held a new energy vehicle (NEV) dispatch ceremony in Lianyungang, JiangSu, during which 300 units of Toyota BZ4X, 1720 units of Volkswagen EBORA, along with nearly 3,000 units of NEVs from various other brands were successfully shipped.

Quhuo International Hosts Ceremony for Shipment of New Energy Vehicles, Sending Off Nearly 3,000 Units

Net loss and adjusted net loss decreased by 78.6% and 87.0% year-over-year respectively. Quhuo International has signed service contracts for 1,720 units of vehicles under its vehicle export solutions, of which 200 units have been shipped.

Quhuo Reported the Unaudited Financial Results for the First Half of 2023 with Promising Results in the Second Growth Engine

BEIJING , Aug. 31, 2023 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading gig economy platform focusing on local life services in China, today reported its unaudited financial results for the six months ended June 30, 2023. Financial and Operational Highlights for the First Half of 2023 Revenues from mobility solution services were RMB58.5 million (US8.1 million), representing an increase of 3.6% year-over-year.

Quhuo Reports Unaudited Financial Results for the First Half of 2023

BEIJING , Aug. 28, 2023 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading gig economy platform focusing on life services in China, today announced that it will report unaudited financial results for the first half of 2023 before the open of the U.S. markets on Thursday, August 31, 2023. The Company's management will hold a conference call on Thursday, August 31, 2023, at 8:00 a.m.

Quhuo to Report Unaudited Financial Results for First Half of 2023 on August 31, 2023

BEIJING , July 5, 2023 /PRNewswire/ -- Quhuo International announced the successful implementation of its first business collaboration in Jordan. The objective of this collaboration is to facilitate the exportation of Chinese new energy vehicles to the international market and provide advanced on-demand delivery technology support to the Jordanian market.

Quhuo International Expedites Overseas Business Expansion: First New Energy Vehicle Export Collaboration Project Lands in Jordan.

BEIJING , June 28, 2023 /PRNewswire/ -- "I joined Quhuo as a delivery rider in 2020 and have been working for three years now, and joining Quhuo has been a great blessing for me." Zhang Xueqing expresses immense gratitude for becoming a delivery rider for Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company").

Quhuo Creates a Warm and Supportive Work Environment for Deaf-Mute Riders

BEIJING , May 26, 2023 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ( "Quhuo" or the "Company"), a leading gig economy platform focusing on local life services in China, witnessed outstanding results in its homestay sector. During the Labor Day holiday, its homestay sector operated by Chengtu Home ("Chengtu") recorded an impressive average daily occupancy rate of 95%, achieving a significant year-on-year growth of 265%.

Quhuo's Homestay Sector Exceeded RMB12 Million in Sales During the Labor Day Holiday, Achieving Impressive Growth with Expert Strategies

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Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to data from Stocktwits, a social platform for investors and traders.

Small-cap Chinese stocks spark meme-like buzz

The explosive run in small-cap (and even smaller) Chinese equities continues to some degree on Monday. Quhuo (NASDAQ: QH ) is the latest name on the bulls' list, with QH stock up 102% at last glance.

Why Is Quhuo (QH) Stock Up 90% Today?

BEIJING , April 24, 2023 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local life services in China, announced a partnership with Baidu on April 24 to gain access to their recently unveiled ERNIE Bot, a new-generation large language model (LLM). Quhuo will soon have full access to the massive capabilities of ERNIE Bot, which can interpret human languages and deliver accurate, logical, and fluent responses almost on a par with humans.

Quhuo Announces Partnership to Utilize Search Giant Baidu's Recently Unveiled AI-Powered ERNIE Bot

BEIJING , April 21, 2023 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading gig economy platform focusing on local life services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission (the "SEC") on April 20, 2023. The annual report, which contains the Company's audited consolidated financial statements, can be accessed on the Company's investor relations website at https://ir.quhuo.cn/ or the SEC's website at www.sec.gov.

Quhuo Files its Annual Report on Form 20-F for Fiscal Year 2022

Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local life services in China, has entered into a strategic partnership with Karry New Energy Auto ("Karry"), a business unit under Chery Holding Group, through Quhuo's new overseas business division Quhuo International to jointly build international operation models for China's new energy vehicles.

Quhuo International and Karry New Energy Auto Join Forces to Boost Karry's First Global Expansion, Build New Operational Model for International Dealers

Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local life services in China, has announced plans to further develop its businesses across various industries, including the homestay sector. The Company aims to expand its homestay business to rural areas, which comes in line with Quhuo's long-term strategy and the country's national development direction.

Quhuo Expands Homestay Vertical to Rural Village on Top of Urban Offerings as Part of Company's Development Strategy

Gross profit for the full year ended December 31, 2022 increased 43.9% year-over-year. Gross margin for the full year ended December 31, 2022 was 6.6%, compared to 4.4% in 2021.

Quhuo realized a historical year-over-year increase in gross profit of 43.9% and achieved adjusted net profit in the second half of 2022

BEIJING , April 14, 2023 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading gig economy platform focusing on local life services in China, today reported its unaudited financial results for the six months and full year ended December 31, 2022.

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