BEIJING, Oct. 17,
2024 /PRNewswire/ -- Quhuo Limited (Nasdaq: QH)
("Quhuo" or the "Company"), a leading gig economy
platform focusing on local life services in China, today announced that it received
notification from The Nasdaq Stock Market LLC ("Nasdaq")
confirming the Company has regained compliance with Nasdaq's
minimum market value of publicly held shares requirement under
Nasdaq Listing Rule 5450(b)(1)(C) and minimum bid price requirement
under Nasdaq Listing Rule 5450(a)(1). The Company is now in
compliance with all Nasdaq continued listing criteria.
About Quhuo Limited
Quhuo Limited 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.
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SOURCE Quhuo Limited