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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Gross profit increased 89.6% year-over-year. Gross margin was 5.0%, as compared to 2.7% in the first half of 2021.

Quhuo Reported the Unaudited Financial Results for the First Half of 2022, Achieving an 89.6% Year-over-Year Increase in the Gross Profit

BEIJING , Nov. 15, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading gig economy platform focusing on community-centered services in China, today announced its unaudited financial results for the six months ended June 30, 2022. Financial and Operational Highlights for the First Half of 2022 Revenues from mobility service solutions, including shared-bike maintenance, ride hailing and freight solutions, increased 32.2% year-over-year.

Quhuo Announces Unaudited Financial Results for the First Half of 2022

BEIJING , Nov. 14, 2022 /PRNewswire/ -- Quhuo Limited ("Quhuo" or the "Company") (NASDAQ: QH), a leading gig economy platform focusing on community-centered services in China, today announced that it will hold its 2022 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 December 29, 2022, at 10:00 a.m.

Quhuo to Hold 2022 Annual General Meeting on December 29, 2022

BEIJING , Nov. 9, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on community-centered services in China, announced today that it will release its unaudited financial results for the six months ended June 30, 2022 on Tuesday, November 15, 2022, before the U.S. market opens. The Company's management will hold a conference call on Tuesday, November 15, 2022 at 7:00 a.m.

Quhuo to Report Unaudited Financial Results for the First Half of 2022 on November 15, 2022

BEIJING , Nov. 4, 2022 /PRNewswire/ -- Quhuo Limited ("Quhuo" or "the Company") (Nasdaq: QH), a leading tech-enabled workforce operational solution platform in China, today announced the appointment of Marcum Asia CPAs LLP ("MarcumAsia") as the Company's independent registered public accounting firm, effective from October 31, 2022. On the same date, the Company dismissed Ernst & Young Hua Ming LLP ("EY").

Quhuo Announces the Change of Auditor

BEIJING , Sept. 23, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading tech-enabled workforce operational solution platform in China, today announced the appointment of Ms.

Quhuo Announces Appointment of a New Director

BEIJING, Sept. 21, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading workforce operational solution platform in China, has recently carried out a series of social responsibility work, including shipping food and supplies to aid those suffering from floods, as the Company continues to develop its environment, social and governance (ESG) strategy.

Quhuo Aids Guangdong Floods, Continues ESG Efforts

BEIJING, Sept. 16, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading tech-enabled workforce operational solution platform in China, has attracted many young workers who tend to look for gigs that come with a high level of flexibility.

Quhuo Attracts More Well-educated Youth for Flexible Gigs

Quhuo Ltd - ADR (NASDAQ: QH) shares are trading higher by 17.82% to $3.24 during Monday's pre-market session after the company on Friday said it has determined not to proceed with its proposed offering and sale of securities.

Quhuo (NASDAQ:QH) – Why Quhuo Shares Are Skyrocketing Today

BEIJING , Sept. 10, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo," the "Company," "we" or "our"), a leading tech-enabled workforce operational solution platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission (the "SEC") on September 9, 2022.

Quhuo Files Its Annual Report on Form 20-F

BEIJING , Aug. 31, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading tech-enabled workforce operational solution platform in China today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated August 29, 2022, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement"). As previously announced, Quhuo received a notification letter (the "Deficiency Notice") from the Nasdaq dated March 1, 2022 indicating that the closing bid price for the Company's American depositary shares (the "ADSs") was below the minimum bid price of $1.00 required for continued listing under the Nasdaq Listing Rule 5450(a)(1) for 30 consecutive business days.

Quhuo Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement

BEIJING , Aug. 9, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the"Company"), a leading tech-enabled workforce operational solution platform in China, today announced that it will change the ratio of its American Depositary Shares ("ADSs") to Class A ordinary shares (the "ADS Ratio") from the current ADS Ratio of one (1) ADS to one (1) Class A ordinary share to a new ADS Ratio of one (1) ADS to ten (10) Class A ordinary shares. A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio.

Quhuo Announces Plan to Implement ADS Ratio Change

BEIJING , July 18, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading tech-enabled workforce operational solution platform in China, today announced that Ms. Wenting Ji, the Company's director and chief financial officer, informed the Company of her intention to resign from her positions as a director and the chief financial officer due to personal reasons.

Quhuo Announces Management Change

BEIJING, May 19, 2022 (GLOBE NEWSWIRE) -- Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”), a leading gig economy platform from China, today announced that it received a notification letter dated May 18, 2022 (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (“Nasdaq”), indicating that the Company is no longer in compliance with the Nasdaq Listing Rules since the Company has not yet filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 Form 20-F”). Nasdaq Listing Rule 5250(c)(1) requires Nasdaq-listed companies to timely file all periodic reports.

Quhuo Announces Receipt of Nasdaq Notification Regarding Late Filing of Annual Report on Form 20-F

BEIJING, March 03, 2022 (GLOBE NEWSWIRE) -- Quhuo Limited (NASDAQ: QH) (“Quhuo,” the “Company,” “we” or “our”), a leading tech-enabled workforce operational solution platform in China, today announced that it received a notification letter dated March 1, 2022 (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules as the closing bid price of the Company's American depositary share (“ADS”) has been below US$1.00 per ADS for a period of 30 consecutive trading days.

Quhuo Announces Receipt of Nasdaq Notice

BEIJING, Jan. 26, 2022 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform from China, has formed a special taskforce for food delivery workers who cannot ride electric scooters and can only deliver by walking due to their health conditions, in an effort to ensure an inclusive, accessible, and friendly work environment for all of its employees. These food delivery workers often suffer from illness that prevents them from riding a motorcycle, but they often have a strong will to work.

Quhuo Commits to ESG by Building Special Delivery Workforce to Ensure Disability-friendly and Inclusive Work Environment

BEIJING, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Quhuo Limited (NASDAQ: QH) (“Quhuo,” the “Company,” “we” or “our”), a leading tech-enabled workforce operational solution platform in China, today announced that it has entered into a definitive investment agreement (the “Agreement”) to acquire the remaining 45.78% equity interest in Lailai Information Technology (Shenzhen) Co., Ltd. (“Lailai”), its subsidiary and an on-demand workforce platform that specializes in housekeeping solutions for hotels and B&Bs, for a total consideration of approximately RMB69.1 million in the form of the Company's securities. Upon completion of the transaction, Quhuo will own 100% equity interest in Lailai.

Quhuo Announces Full Acquisition of Equity Interest in Lailai

Total revenues reached RMB1,105.5 million (US$171.6 million) in the third quarter of 2021, representing a 43.7% year-over-year increase. Net income attributable to Quhuo was RMB24.9 million (US$3.9 million) in the third quarter.

Quhuo Reports Q3 Financial Results

Quhuo Limited (QH) CEO Leslie Yu on Q3 2021 Results - Earnings Call Transcript

Quhuo (NASDAQ:QH) reported its Q3 earnings results on Monday, November 29, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

Quhuo: Q3 Earnings Insights

BEIJING, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Quhuo Limited (NASDAQ: QH) (“Quhuo,” the “Company,” “we” or “our”), a leading tech-enabled workforce operational solution platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2021.

Quhuo Announces Third Quarter 2021 Unaudited Financial Results

BEIJING, Nov. 24, 2021 (GLOBE NEWSWIRE) -- Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”), a leading tech-enabled workforce operational solution platform in China, announced today that it will release its unaudited financial results for the third quarter ended September 30, 2021 before the open of U.S. markets on Monday, November 29, 2021.

Quhuo to Report Third Quarter 2021 Financial Results on November 29, 2021

BEIJING, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Quhuo Limited (“Quhuo” or the “Company”) (NASDAQ: QH), a leading tech-enabled workforce operational solution platform in China, today announced that it will hold its 2021 annual general meeting of shareholders at 3rd Floor, Block D, Tonghui Building, No. 1132 Huihe South Street, Chaoyang District, Beijing 100020, The People's Republic of China on October 29, 2021, at 10:00 a.m. (local time).

Quhuo to Hold 2021 Annual General Meeting on October 29, 2021

Quhuo Limited (QH) CEO Leslie Yu on Q2 2021 Results - Earnings Call Transcript

The stock price of Quhuo Limited (NASDAQ: QH) increased by over 11% pre-market. This is why it happened.

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