Senmiao technology announces approximately 1.7 million completed rides on its ride-hailing platform in july 2021

Chengdu, china, aug. 11, 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 operating metrics for its proprietary online ride-hailing platform for the month of july 2021. from june 2021 to july 2021, the number of completed orders decreased approximately 19.8%, primarily due to a decrease in orders received through one of senmiao's partnerships as well as a covid-19 resurgence in chengdu, which resulted in travel restrictions and lockdowns being implemented by the local government.
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