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home / news releases / AIHS - Senmiao Technology shows ~11% decrease in orders due to pandemic restrictions

AIHS - Senmiao Technology shows ~11% decrease in orders due to pandemic restrictions

Senmiao Technology Limited
In January, online ride-hailing company, Senmiao Technology (NASDAQ:AIHS) reported over 0.9M total completed orders, a 10.9% decrease from ~1.1M total orders completed in December 2021, as a result of pandemic-related travel restrictions that impacted tourism. Since the launch of company's online ride-hailing platform in October 2020, ~15.1M rides have been completed using its platform. The number of drivers completing rides via the platform, known as Active Drivers in January 2022 was 7,085, a decrease of ~10% from that of December 2021. Also read, 'Senmiao Technology launches ride-hailing platform in Haikou'

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Senmiao Technology shows ~11% decrease in orders due to pandemic restrictions
Stock Information
Company Name: Senmiao Technology Limited
Stock Symbol: AIHS
Market: NASDAQ
Website: senmiaotech.com
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