Share this article
CHENGDU, China, April 15, 2021 /PRNewswire/
Senmiao Technology Limited ( Senmiao ) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced the signing of a joint operation agreement with Hefei Cheyun Information Technology Co., Ltd. ( Hefei Cheyun ), an affiliate of Taoyun Capital, which has obtained several licenses issued by municipal administrative departments to operate its online ride-hailing business (the Licenses ) in various cities across China. This agreement is an extension of the previously announced strategic relationship with Taoyun Capital. Hefei Cheyun s parent company operates Yidao, a well-known online ride-hailing platform in China (https://www.yongche.com). Senmiao will partner with Hefei Cheyun to launch its ride-hailing business in Hefei, China in the near future.
Senmiao Technology Announces Signing of Framework Agreement with Taoyun Capital asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.