Senmiao Technology reports March operating metrics for ride-hailing platform

Senmiao Technology reported operating metrics for its proprietary online ride-hailing platform for March 2023. Senmiao and its affiliates recorded over 0.8 million total completed orders, a 13.3% increase from over 0.7 million total orders completed in February 2023. Since the launch of Senmiao’s online ride-hailing platform in October 2020, over 22.1 million rides have been completed using its own platform. Over 5.4 million rides have been completed on the Meituan platform under Senmiao’s partnership with Meituan since August 2021. Over 2.0 million rides have been completed on Xiehua, Anma and other platforms since April 2022. The number of drivers completing rides via all the platforms in March 2023 was 7,092, up approximately 18.7% from 5,973 in February 2023.