BEIJING, Sept. 26,
2024 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH)
("Quhuo" or the "Company"), a leading gig economy platform focusing
on local life services in China,
has announced the launch of a new booking platform with six
functional room types through its homestay division, Chengtu Home
("Chengtu"). This development is designed to offer users a broader
range of high-quality accommodation choices, representing a
significant advancement in Chengtu's service capabilities.
In September 2024, Chengtu
launched its booking platform following successful internal
testing. This milestone marks the brand's progress in independent
operations and private user management. Since its inception,
Chengtu has focused on building a comprehensive homestay platform,
refining its supply chain while promoting industry standards. With
this new platform, Chengtu seeks to empower partners, grow customer
resources, and deliver more value to both hosts and guests.
Chengtu's booking platform will roll out in three phases,
gradually expanding its reach. The first phase is complete, with
2,000 proprietary homestays across 51 cities in China. Next, the platform will focus on
improving private user operations and creating a membership system
for hosts and guests. Eventually, Chengtu plans to open the
platform to more domestic homestay operators, offering full
operational support. This phased approach will help Chengtu boost
efficiency and drive the homestay industry towards greater
standardization and scalability.
Chengtu has introduced six functional room types to meet the
diverse needs of its users: the Chengnuan Care Room, Chengyu
E-sports Room, Chengxiao Business Travel Room, Chengle Family Room,
Chengyi Cinema Room, and Chengyue Elegant Retreat Room. These names
combine the brand's identity and functionality ("Cheng" means
orange in Chinese, symbolizing warmth and vitality). Each room type
showcases its unique features and target audience while capturing
the essence of the brand.
Chengtu's room types stand out from the market with their
specialized, customized design. For example, the Care Room, located
near hospitals and equipped with medical support features, provides
a warm and supportive environment for families needing care. The
E-sports Room, equipped with high-performance gear and themed
decor, creates an immersive space for gamers. The Business Travel
Room provides high-speed internet and a dedicated workspace to
boost productivity for business travelers. The Family Room features
child-friendly entertainment and enhanced safety measures, ensuring
peace of mind for families on vacation. The Cinema Room offers
theater-quality projection for a private viewing experience, while
the Elegant Retreat Room offers premium bedding and a serene
environment for the ultimate comfort and relaxation.
The first batch of functional rooms was successfully piloted in
Tianjin and will be gradually
rolled out nationwide. This launch expands Chengtu's product line
and underscores its competitive edge in the homestay market. With
deep insights into customer needs, Chengtu has enhanced
personalized service, delivering a more tailored and refined
experience for its guests.
With the launch of its new platform and products, Chengtu is
steadily transitioning from a homestay management service provider
to a creator of specialized homestay products. This strategic
upgrade gives Chengtu greater autonomy, enabling more efficient
management and optimizing profits. From the consumer's perspective,
Chengtu's ability to directly offer its own products increases
service variety, meets diverse needs, and elevates the overall user
experience. Looking ahead, Chengtu will continue innovating,
refining its services, and diversifying its products to advance the
homestay industry toward greater standardization, personalization,
and variety, further solidifying its position as a market
leader.
Tong Ji, the General Manager of Chengtu, said: "The launch of
our new booking platform and six functional room types is not just
a service upgrade but also represents a proactive exploration of
the future direction of the homestay industry. We will keep driving
the industry's healthy growth through innovation and enhanced
services, offering users a better, more refined experience."
Leslie Yu, Founder, Chairman, and
CEO of Quhuo, highlighted: "This business upgrade reflects
Chengtu's focus on putting people and family first. Through
continuous innovation and optimization, Chengtu will unlock new
opportunities in China's homestay
market and guide the industry toward greater standardization and
distinction."
About Quhuo Limited
Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company") is a
leading gig economy platform focusing on local life services
in China. Leveraging Quhuo+, its proprietary technology
infrastructure, Quhuo is dedicated to empowering and linking
workers and local life service providers and providing end-to-end
operation solutions for the life service market. The Company
currently provides multiple industry-tailored operational
solutions, primarily including on-demand delivery solutions,
mobility service solutions, housekeeping and accommodation
solutions, and other services, meeting the living needs of hundreds
of millions of families in the communities.
With the vision of promoting employment, stabilizing income and
empowering entrepreneurship, Quhuo explores multiple scenarios to
promote employment of workers, provides, among others, safety and
security and vocational training to protect workers, and helps
workers plan their career development paths to realize their
self-worth.
Safe Harbor Statements
This press release contains "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended and the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical or current fact
included in this press release are forward-looking statements,
including but not limited to statements regarding Quhuo's business
development, financial outlook, beliefs and expectations.
Forward-looking statements include statements containing words such
as "expect," "anticipate,"
"believe," "project," "will"and similar expressions
intended to identify forward-looking statements. These
forward-looking statements are based on Quhuo's current
expectations and involve risks and uncertainties. Quhuo's actual
results and the timing of events could differ materially from those
anticipated in such forward-looking statements as a result of these
risks and uncertainties, which include, without limitation, risks
and uncertainties related to Quhuo's abilities to (1) manage its
growth and expand its operations, (2) address any or all of the
risks and challenges in the future in light of its limited
operating history and evolving business portfolios, (3) remain in
its competitive position in the on-demand food delivery market or
further diversify its solution offerings and customer portfolio,
(4) maintain relationships with major customers and to find
replacement customers on commercially desirable terms or in a
timely manner or at all, (5) maintain relationships with existing
industry customers or attract new customers, (6) attract, retain
and manage workers on its platform, and (7) maintain its market
shares in relation to competitors in existing markets and its
success in expansion into new markets, as well as the development
of the COVID-19 pandemic and its impact on Quhuo's business and
industry. Other risks and uncertainties are included under the
caption "Risk Factors" and elsewhere in the Company's filings with
the Securities and Exchange Commission, including, without
limitation, the final prospectus related to the IPO filed with the
SEC on July 10, 2020 and the
Company's latest annual report on Form 20-F. You are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. All
forward-looking statements are qualified in their entirety by this
cautionary statement, and Quhuo undertakes no obligation to revise
or update any forward-looking statements to reflect events or
circumstances after the date hereof.
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SOURCE Quhuo Limited