Quhuo Announces Joint Partnership with Shougang Real Estate and Hakone Group to Increase Work in Beijing Tianjin New City



BEIJING, Jul 29, 2021 / PRNewswire / – Quhuo Limited (NASDAQ: Quick reference) (“Quhuo” or “Company”), a leading platform for the gig economy from China, today announced its recent partnership with Shougang Real Estate (“Shougang”) and Hakone Group (“Hakone”) to jointly expand operations in BeijingTianjin-Project for the development of a new city (“BeijingTianjin-New City “), a luxurious resort town about 90 km from the city. Beijing

Chengtu, one of Of China Major homestay operators and Quhuo have officially launched a joint partnership with Tianjin Shougang and Hakone at Jul 10, 2021… Mr. Chen Xiaodong, Vice President of Chengtu, commented on the presentation, “We are very proud that Quhuo Homestay solutions will expand the scope of service models BeijingTianjin-A new city that includes thousands of villas, hotels and restaurants. We will continue to work with our two partners to offer the most appropriate service models in the future. ”

Timely partnerships open up more opportunities because Of China The domestic tourism market continues to gain momentum and recover quickly. The growing demand for domestic travel has opened up tremendous opportunities for the national room rental market. Many overseas travel planners are expected to change their preferences for domestic destinations due to the difficulties of international travel amid the ongoing COVID-19 pandemic.

Despite the growing demand, the domestic tourism market did not increase supply accordingly to meet this new demand. The current number of available room listings in the industry remains below pre-pandemic levels, making it an opportune time for new hosts to tap into the rental market.

In an effort to ride the tide of resurgent domestic tourism, some internet giants are competing for a piece of the market. Against this backdrop, Quhuo has developed its own unique service models to meet the demand from hotels and family hotels. In addition to compiling Quhuo’s own room listings, the Company continues to work closely with homeowners to offer end-to-end one-stop solutions that include integrated services such as room preparation and cleaning, listing management, online customer service, and offline receptions.

Quhuo offers an optional service model that allows flexible management of room listings on behalf of homestay owners. This service manages their rental business and has the potential to mitigate the investment risks associated with operating homestay businesses while ensuring profitability. This model was designed to provide additional income for homeowners as well as property owners with unused rooms and unoccupied properties to generate additional income.

New joint partnerships will also be able to take advantage of Quhuo’s well-developed platform to offer more on-demand services. With an advanced gig economy platform and flexible data-driven employment management system, Quhuo can manage major facilities and human resources, which can further reduce operating costs and improve efficiency.

Homestay services, one of the key areas that Quhuo will focus on with its partners in BeijingTianjin-New-City, can also adopt Quhuo’s flexible employment management system to meet their growing needs for various hospitality and homestay services.

“Working closely with our partners, we believe that our end-to-end solutions and products will make a significant contribution to the development BeijingTianjinA “new city” that will provide a competitive advantage for service providers, ”said Mr. Chen Xiaodong, Vice President of Chengtu.

About Shougang Real Estate

Founded in 1998, headquartered in St. BeijingShougang Real Estate is a real estate investment and development group that brings together real estate investment, development and asset management. The company has 23 subsidiaries and total assets under management 50 billion yuan ($ 7.69 billion), with a product range covering residential buildings, apartments, villas, commercial, office buildings, tourism and recreation, and hotels.

About Quhuo Limited

Quhuo Limited (NASDAQ: Quick reference) (“Quhuo” or “Company”) was the largest workforce operational solutions platform in China in 2019. Quhuo provides high-tech, end-to-end operating solutions for top-notch on-demand consumer service businesses in industries with significant e-commerce access, including on-demand food delivery, call-by-car, housekeeping, and bike rental. The Quhuo platform helps its industry clients mobilize a large team of workers and combines training, monitoring and performance improvement, as well as incentives to turn them into skilled workers who can follow industry-standard, standardized and highly efficient service procedures. Within the on-demand customer service ecosystem, the Company plays a unique and irreplaceable role as a bridge between customer service businesses and end-users, ensuring the delivery of goods, services and experiences to consumers.

Media contacts
Ba Zhen (Vice President)
[email protected]

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