Senmiao Technology reports September operating metrics for ride-hailing platform

Senmiao Technology announced the operating metrics for its proprietary online ride-hailing platform for the month of September. In September 2023, Senmiao and its affiliates recorded 0.61 million total completed orders, compared to 0.62 million total orders completed in August 2023. The decrease was primarily the result of a decreased number of completed orders from partner platforms under the new model, which was partially offset by an increased number of completed orders by Senmiao’s own platform through Gaode under the original model, as the Guangzhou compliance check to Gaode’s platform has been completed. Since the launch of Senmiao’s online ride-hailing platform in October 2020, more than 25.0 million rides have been completed using its own platform. Over 8.8 million rides have been completed on several platforms in partnership with Senmiao since August 2021.