AIHS - Senmiao Technology reports 7.8% order growth in May active drivers decline

Chinese lending company Senmiao Technology (NASDAQ:AIHS) has come up with operating metrics of its own online ride-hailing platform for May 2022. Senmiao reported Thursday that it has recorded a sequential growth of 7.8% in total completed orders to 0.93M in May, compared to April's figure. The number of drivers completing rides via the platforms (active drivers) was 5,989, down ~1.7% from 6,095 in April 2022. "Since the launch of Senmiao's online ride-hailing platform in October 2020, more than 17M rides have been completed using its platform. Over 4.3M rides have been completed on the Major Platform under Senmiao's partnership with Meituan," the company said. Earlier: Senmiao makes sequential recovery in April's orders growth

For further details see:

Senmiao Technology reports 7.8% order growth in May, active drivers decline