BEIJING, Sept. 26, 2025 /PRNewswire/ — Quhuo Limited (NASDAQ: QH) (“Quhuo” or the “Company”), a leading gig economy platform focusing on local life services in China, today announced its unaudited financial results for the six months ended June 30, 2025.
Despite a challenging market environment and intense industry competition, the Company continued to advance its dual-track strategy: on the one hand, optimizing on-demand delivery solutions to drive growth, and on the other, accelerating the expansion of housekeeping and accommodation solutions to further enhance profitability.
On-Demand Delivery Solutions: Optimizing Structure to Unlock Potential
Quhuo generated total revenue of RMB1,131.4 million in the first half of 2025. In the second quarter of 2025, competition in China’s food delivery market intensified, with rising costs passed down to service providers and strategic adjustments by major clients reshaping the industry landscape.
In response, Quhuo focused on workforce management and operational optimization, leveraging its strong track record and reputation to secure new business opportunities. While new site launches and integrations temporarily increased costs, the Company observed signs of market share gains relative to its key competitor since May 2025, which management believes will lay a foundation for sustainable growth.
Meanwhile, Quhuo streamlined its management structure and reallocated resources by exiting underperforming sites and concentrating on higher-revenue locations, thereby improving overall operational quality. Management expects that economies of scale and profitability in on-demand delivery solutions may begin to materialize in the second half of 2025.
Housekeeping and Accommodation Solutions: Significant Growth in Revenue and Profitability
In the first half of 2025, Quhuo’s housekeeping and accommodation businesses delivered robust results, with revenue up 70.8% year over year and gross profit increasing 63.4%, becoming a major driver of the Company’s earnings mix.
- Chengtu (Homestay Business): Revenue grew 83.6% year over year, while gross profit surged 390.8%, achieving a gross margin of 55.2%. Supported by a scalable operating model and the rollout of its proprietary mini program, Chengtu now provides a seamless, closed-loop service from property search to payment. Looking forward, …