Chinese gig economy platform Quhuo's H1 revenue hits RMB1.13 bln

Reuters
2025/09/26
Chinese gig economy platform Quhuo's H1 revenue hits RMB1.13 bln

Overview

  • Quhuo H1 2025 revenue reaches RMB1.13 bln amid competitive market conditions

  • Housekeeping and accommodation revenue up 70.8% yr/yr, driven by Chengtu (homestay business) growth

  • Co partners with JD.com for delivery services, expands beef supply chain with NIU World

Outlook

  • Quhuo expects economies of scale in delivery to materialize in H2

  • Company expects profitability in on-demand delivery to materialize in H2

  • Company sees JD.com partnership as revenue opportunity in food delivery

Result Drivers

  • ON-DEMAND DELIVERY - Quhuo optimized workforce management and exited underperforming sites to improve operational quality amid intensified competition

  • HOUSEKEEPING GROWTH - Revenue from housekeeping and accommodation surged 70.8% yr/yr, with Chengtu achieving an 83.6% increase

  • NEW PARTNERSHIPS - Partnership with JD.com and expansion of beef supply chain with NIU World expected to drive incremental revenue

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

RMB 1.13 bln

Press Release: ID:nPn1TpCd9a

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10