AIHS - Senmiao reports February metrics

2023-03-17 10:07:19 ET

• Senmiao Technology ( NASDAQ: AIHS ) on Friday announced the operating metrics for its proprietary online ride-hailing platform for February 2023.
• In February, Senmiao and its affiliates recorded over 0.7 million total completed orders, a 28.3% increase from January 2023, as ride-hailing activity returned to pre-holiday levels following the Lunar New Year in late January.
• Since the launch of Senmiao's online ride-hailing platform in October 2020, over 21.6 million rides have been completed using its own platform.
• About 5.4 million rides have been completed on the Meituan platform under Senmiao's partnership with Meituan since August 2021.
• Over 1.7 million rides have been completed on Xiehua, Anma and other platforms since April 2022.
• The number of active drivers in February 2023 was 5,973, up about 23.7% from 4,830 in January 2023.
• Press Release .

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