Hailing

Senmiao Technology Announces Signing of Framework Agreement with Taoyun Capital

Retrieved on: 
Monday, April 12, 2021
Cities in China, Hailing, Beijing, Chengdu, Cities in Asia, Ridesharing companies

b'CHENGDU, China, April 12, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a strategic framework agreement with Taoyun Capital, a Beijing-based investment and asset management firm, whereby Senmiao has the right to utilize resources, including online ride-hailing platform licenses, obtained by Taoyun Capital and its affiliates in several cities across China, including but not limited to Beijing and Shanghai.

Key Points: 
  • b'CHENGDU, China, April 12, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a strategic framework agreement with Taoyun Capital, a Beijing-based investment and asset management firm, whereby Senmiao has the right to utilize resources, including online ride-hailing platform licenses, obtained by Taoyun Capital and its affiliates in several cities across China, including but not limited to Beijing and Shanghai.
  • By partnering with Taoyun Capital, Senmiao anticipates utilizing these resources to accelerate the expansion of its online ride-hailing platform into new cities.\nXi Wen, Senmiao\'s Chairman and Chief Executive Officer, stated, "We look forward to working with Taoyun Capital on expanding our respective businesses through this strategic collaboration.
  • We are pleased to be able to partner with Taoyun Capital as we eye additional expansion opportunities for our online ride-hailing platform, which has seen much success since launching in our first city of Chengdu in October 2020.
  • Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.\n'

Senmiao Technology Launches Ride-Hailing Platform in Guangzhou, China's Third Largest City

Retrieved on: 
Wednesday, March 31, 2021
Cities in China, Guangzhou, Hailing, Ridesharing companies

CHENGDU, China, March 31, 2021 /PRNewswire/-- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the launch of its proprietary online ride-hailing platform for drivers in Guangzhou, China.

Key Points: 
  • CHENGDU, China, March 31, 2021 /PRNewswire/-- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the launch of its proprietary online ride-hailing platform for drivers in Guangzhou, China.
  • Guangzhou is the fourth city in China in which Senmiao has launched its ride-hailing platform.
  • Guangzhou is the third largest city in China after Beijing and Shanghai with a population of more than 15 million.
  • Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.