Welcome to our dedicated page for Senmiao Technology news (Ticker: AIHS), a resource for investors and traders seeking the latest updates and insights on Senmiao Technology stock.
Senmiao Technology Ltd (AIHS) operates at the intersection of China's automobile transaction services and digital ride-hailing markets through its Xixingtianxia platform. This resource provides investors and industry observers with centralized access to official announcements, financial disclosures, and strategic developments.
Key updates include earnings reports, partnership agreements, regulatory compliance updates, and operational expansions within China's mobility sector. Users gain insights into both automobile financing innovations and ride-hailing platform enhancements that drive the company's growth.
All content is curated to meet investor needs for timely, accurate information while maintaining compliance-first reporting standards. Bookmark this page for direct access to primary source materials and analysis-neutral summaries of Senmiao's market activities.
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Senmiao Technology (AIHS) has announced that it has regained compliance with the minimum bid price requirement under the Nasdaq Listing Rules. The Company's common stock closed at $1.00 per share or greater for 20 consecutive business days, leading to compliance with Listing Rule 5550(a)(2).
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Senmiao Technology Limited (AIHS) announces a strategic cooperation agreement with Chengdu Daren Duoduo Culture Media to develop an AI-driven application called 'Thinking Cell' to support local lifestyle merchants and online ride-hailing drivers. The application aims to enhance promotional efforts and provide customized services, with a focus on SMS campaigns and improved user experience. The partnership also explores potential expansion into other application scenarios.
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Senmiao Technology Limited (AIHS) subsidiary XXTX receives Triple-A rating in service quality and reputation assessment in Changsha, China. Senmiao's online ride-hailing platform has completed over 26.2 million rides by the end of 2023.
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Senmiao Technology Limited (AIHS) reports financial results for Q3 FY 2024 with total revenues of $1.6 million, a narrowed loss from operations to $1.1 million, and a net loss of $0.9 million. The company completed over 35.4 million rides with $114.0 million in fares paid since launching its online ride-hailing platform in 2020.
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Senmiao Technology Limited (Nasdaq: AIHS) announced the operating metrics for its online ride-hailing platform for December 2023, recording a 13.6% increase in completed orders from the previous month. The company also revealed that it will begin providing operating metric updates on a quarterly basis starting in 2024. Since the launch of its online ride-hailing platform in October 2020, Senmiao has completed over 26.2 million rides, with approximately 9.2 million rides completed on partner platforms under the new model. The number of active drivers in December 2023 was 5,127. The company's financial disclosures and operating metrics are presented in detail, showcasing its performance in the online ride-hailing industry.
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Senmiao Technology Limited (Nasdaq: AIHS) has announced a strategic cooperation agreement with Anhui Lianma Technology Co., Ltd to enhance its online ride-hailing platform operations in major cities in China. The agreement aims to increase completed orders and operational efficiency, mitigating the impact of increased competition and ongoing compliance checks by Gaode.
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Senmiao Technology Limited (Nasdaq: AIHS) announced the operating metrics for its proprietary online ride-hailing platform for November 2023. Despite a decrease in completed orders, the company has recorded approximately 25.8 million rides since the launch of its platform in October 2020, with more than 9.1 million rides completed on several platforms in partnership with Senmiao under the new model. The number of active drivers in November 2023 was 5,240, compared to 5,903 in October 2023.
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Senmiao Technology Limited (AIHS) announced operating metrics for its online ride-hailing platform in China. In October 2023, 0.57 million total completed orders were recorded, down from 0.61 million in September 2023. Since the platform's launch in October 2020, approximately 25.4 million rides have been completed using its own platform, with nearly 9.0 million rides completed on partner platforms. The number of active drivers in October 2023 was 5,903, compared to 6,065 in September 2023.
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Senmiao Technology Limited (AIHS) Announces Fiscal 2024 Second Quarter Financial Results with Total Revenues of $1.8M, a Narrowed Loss from Operations to $1.3M, and a Net Loss of $1.21M. Chairman Xi Wen highlights stable revenue growth from automobile leasing business and cost-cutting efforts while acknowledging decreased revenue contributions from online ride-hailing platform services due to increased competition and compliance checks.
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Senmiao Technology Limited announces operating metrics for its online ride-hailing platform in September 2023.
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Senmiao Technology Ltd
Nasdaq:AIHS
AIHS Rankings
AIHS Stock Data
9.10M
9.35M
11.12%
0.08%
2.83%
Credit Services
Services-auto Rental & Leasing (no Drivers)
China
CHENGDU, SICHUAN