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

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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.

Quhuo Reports Unaudited Financial Results for the Second Half and Full Year 2022

BEIJING , April 11, 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 second half and full year 2022 before the open of the U.S. markets on Friday, April 14, 2023.

Quhuo to Report Unaudited Financial Results for the Second Half and Full Year 2022 on April 14, 2023

BEIJING , Feb. 6, 2023 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local community-centered services in China, today announced the official launch of its overseas business division, Quhuo International. Mr. Liang Bo, an automobile industry veteran, will serve as the general manager to lead the Company's overseas operations, providing tech-enabled operational solutions to international partners.

Quhuo Announces Official Launch of Quhuo International, Providing Tech-Enabled Operational Solutions to Global Partners

BEIJING , Dec. 14, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or "the Company"), a leading gig economy platform focusing on local community-centered services in China, has ramped up its efforts to offer more physical and mental support during the winter, as the Company continues to carry out social responsibility for delivery riders and gravitate towards the nation's common prosperity policy. Quhuo has purchased a substantial amount of winter supplies to ensure better job safety for its delivery riders.

Quhuo Ramps up Staff Support

Beijing Municipal Commission of Development and Reform Recognizes Company's Achievements During Mass Entrepreneurship and Innovation Week BEIJING , Nov. 30, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or "the Company"), a leading gig economy platform focusing on local community-centered services in China, has been recognized by the Beijing Municipal Commission of Development and Reform (the "BMCDR") for its flexible staffing solutions, as the country continues to support job growth and entrepreneurship. The National Mass Entrepreneurship and Innovation Week was kicked off on September 15, 2022 with the theme of "innovation driving vitality, entrepreneurship creating employment".

Quhuo's Flexible Employment Platform Supports Job Growth and Entrepreneurship

BEIJING , Nov. 24, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or "the Company"), a leading gig economy platform focusing on local community-centered services in China, has teamed up with Hsu Fu Chi International Limited ("Hsu Fu Chi"), a leading confectionery food manufacturer, to launch charity activities for the elders and those who are differently abled. To raise public awareness for marginalized groups on September 25, 2022, being the International Day of the Deaf, Quhuo and Hsu Fu Chi donated food and products worth over RMB500,000 (approximately US$69,500) and distributed the supplies to individuals and families in special need.

Quhuo Joins Hands with Hsu Fu Chi to Launch Charity Events for Elders and Differently Abled

BEIJING , Nov. 23, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ:  QH ) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local community-centered services in China, has initiated its overseas expansion efforts by promoting the partnership between oTMS, an industry-leading shipping management platform and Quhuo's strategic investee, with DSV Indonesia, a global shipping services provider. oTMS and DSV Indonesia are rolling out the international version of their Transportation Management System (the "TMS") to facilitate logistical planning for businesses.

Quhuo Initiated its Overseas Expansion Efforts by Promoting the Partnership between oTMS with DSV Indonesia to Launch the International Version of Transport Management System in Southeast Asia

Quhuo Limited (NASDAQ:QH ) Q2 2022 Results Conference Call November 15, 2022 7:00 AM ET Company Participants Leslie Yu - Chairman and Chief Executive Officer Barry Ba - Chief Financial Officer Conference Call Participants Darren Aftahi - ROTH Capital Partners Operator Ladies and gentlemen, thank you for standing by, and welcome to Quhuo's First Half Year of 2022 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded.

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