CHENGDU, China, Aug. 23, 2023 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq:AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of July 2023. In July 2023, Senmiao and its affiliates recorded 0.69 million total completed orders, compared to 0.74 million total orders completed in June 2023. The decrease was primarily a result of a compliance check performed by Gaode, Senmiao's online ride-hailing platform partner under the original model,[1] which caused a decrease in completed orders in Senmiao's major market of Guangzhou during the period. The Company expects the number of rides from Gaode to normalize in late August.
Read more at prnewswire.comSenmiao Technology Announces Ride-Hailing Platform Operating Metrics for July 2023
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