AIHS - Senmiao completes 0.7M total orders in December

• Senmiao Technology ( NASDAQ: AIHS ) said Thursday that in December 2022, the company and and its affiliates recorded about 0.7 million total completed orders, compared to about 0.8 million total orders completed in November 2022.

• "The decrease was the result of a severe outbreak of COVID-19 cases in Senmiao's key city of Chengdu in mid-December, after the lifting of domestic restrictions as China stopped executing its zero-COVID policy," the company said.

• The number of drivers completing rides via all the platforms (known as Active Drivers) in December 2022 was 6,682, down approximately 4.8% from 7,019 in November 2022.

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