Senmiao To Provide Online Ride-Hailing Services For This Travel Agency In China

  • Senmiao Technology Ltd AIHS said its wholly-owned subsidiary Hunan Xixingtianxia Technology Co Ltd has entered into an agreement with a subsidiary of Trip.com Group Limited TCOM.
  • Under the agreement, Hunan Xixingtianxia will provide online ride-hailing services for clients of Trip.com. 
  • Hunan Xixingtianxia will have access to customers utilizing Trip.com's online platforms, including www.ctrip.comwww.trip.com, and other related websites.
  • Initially, the arrangement will cater to the cities of Chengdu, Guangzhou, and Changsha with plans for further expansion.
  • Price Action: AIHS shares are trading lower by 3.00% at $0.97 on the last check Friday.
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