Quhuo's Hotel and Home Services Sector Partners with Beike to Improve Residential Service Quality

Rhea-AI Summary

Quhuo Limited (NASDAQ: QH), a leading Chinese gig economy platform, announced a strategic partnership between its subsidiary Lailai and Beike, a major housing transactions platform in China. Through this collaboration, Lailai will provide comprehensive property management and household services, including pre and post-listing maintenance, cleaning, repairs, and specialized resident support.

The partnership, which began in May 2024, has already expanded to five major cities including Beijing, Shanghai, and Chengdu, with plans to extend to five more cities. Lailai employs a proprietary digital dispatch system to efficiently manage services and has introduced innovative solutions such as female technicians for women residents in first-tier cities.

Positive

• Expansion into 10 major Chinese cities, with operations already established in 5 key markets
• Integration of digital dispatch system enhancing operational efficiency
• Diversification of service offerings beyond home services to full property management
• Strategic partnership with Beike expands market reach and service capabilities

Negative

• No financial terms or revenue projections disclosed for the partnership
• Significant expansion plans may require substantial resources and operational scaling

News Market Reaction

+1.54% 8.1x vol

27 alerts

+1.54% News Effect

+23.7% Peak in 28 hr 5 min

+$126K Valuation Impact

$8M Market Cap

8.1x Rel. Volume

On the day this news was published, QH gained 1.54%, reflecting a mild positive market reaction. Argus tracked a peak move of +23.7% during that session. Our momentum scanner triggered 27 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $126K to the company's valuation, bringing the market cap to $8M at that time. Trading volume was exceptionally heavy at 8.1x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

BEIJING, Sept. 30, 2025 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH) ("Quhuo" or the "Company"), a leading gig economy platform for local services in China, announced recently that its subsidiary, Lailai Information Technology (Shenzhen) Co., Ltd. ("Lailai"), which specializes in hotel and home services, has formed a partnership with Ke Holdings Inc. ("Beike"), a leading housing transactions and services platform in China. Under the agreement, Lailai will provide Beike with asset services including property maintenance before and after listing, ongoing household support, and tailored services for specific groups of residents. The collaboration expands Lailai's service scope from home services to a full property management service system.

Through this partnership, Lailai seeks to help Beike deliver efficient, end-to-end services that enhance the living experience. Leveraging its extensive expertise in local life services, Lailai aims to meet Beike's demand for high standards and diverse offerings through integrated property service solutions - from property management to daily household support - helping improve overall living quality.

In terms of specific services, Lailai offers Beike end-to-end property management solutions, including cleaning before and after listing, appliance and electrical repairs, formaldehyde testing and treatment, and VR photography, ensuring each property meets market standards. For households, Lailai also provides daily cleaning, lock repairs, and other essential services for residents.

Lailai also provides tailored services for special groups. For example, in first-tier cities such as Beijing, Lailai trains and deploys female technicians to provide in-home repair services for women residents, enhancing trust and safety for single women in urban settings.

In service delivery, Lailai leverages its proprietary digital dispatch system to integrate cleaning, repairs, and other services into a unified platform, enabling more efficient management and precise demand matching. Supported by data-driven oversight, this systematic approach improves operational efficiency and aims to ensure consistent and high-quality service.

Since the partnership with Beike launched in May 2024, Lailai's property services have expanded to Chengdu, Beijing, Shanghai, Ningbo, and Jinan, with plans to extend to Shenzhen, Guangzhou, Hangzhou, Nanjing, and Xi'an. Lailai is also developing more convenient, safe, and comfortable housing and resort-style senior living solutions in response to an aging population.

Haizhou Luo, head of Lailai, said: "This collaboration allows us to put our local life service experience into practice and deliver higher-quality, personalized property management services to our clients. We will continue to innovate and optimize our offerings to further enhance the living experience of residents."

Leslie Yu, CEO of Quhuo, stated: "This partnership reflects Quhuo's long-term commitment to local life services and opens new market opportunities. Looking ahead, both parties will continue to enhance services and customer experience, jointly advancing the high-quality development of urban housing services."

About Quhuo Limited

Quhuo 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.

Safe Harbor Statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding Quhuo's business development, financial outlook, beliefs and expectations. Forward-looking statements include statements containing words such as "expect," "anticipate," "believe," "project," "will" and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on Quhuo's current expectations and involve risks and uncertainties. Quhuo's actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks and uncertainties related to Quhuo's abilities to (1) manage its growth and expand its operations, (2) address any or all of the risks and challenges in the future in light of its limited operating history and evolving business portfolios, (3) establish in its competitive position in the on-demand food delivery market or further diversify its solution offerings and customer portfolio, (4) maintain relationships with major customers and to find replacement customers on commercially desirable terms or in a timely manner or at all, (5) maintain relationships with existing industry customers or attract new customers, (6) attract, retain and manage workers on its platform, and (7) maintain its market shares in relation to competitors in existing markets and its success in expansion into new markets. Other risks and uncertainties are included under the caption "Risk Factors" and elsewhere in the Company's filings with the Securities and Exchange Commission, including, without limitation, the Company's latest annual report on Form 20-F. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and Quhuo undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

View original content:https://www.prnewswire.com/news-releases/quhuos-hotel-and-home-services-sector-partners-with-beike-to-improve-residential-service-quality-302570548.html

SOURCE Quhuo Limited

FAQ

What services will Quhuo (NASDAQ:QH) provide through its partnership with Beike?

Quhuo's subsidiary Lailai will provide comprehensive property management services including cleaning, repairs, formaldehyde testing, VR photography, and specialized resident support services.

How many cities does Quhuo's (QH) partnership with Beike currently cover?

The partnership currently operates in 5 cities (Chengdu, Beijing, Shanghai, Ningbo, and Jinan) with plans to expand to 5 more cities including Shenzhen, Guangzhou, Hangzhou, Nanjing, and Xi'an.

What unique service does Quhuo (QH) offer for women residents in first-tier cities?

In first-tier cities like Beijing, Lailai deploys specially trained female technicians to provide in-home repair services for women residents, enhancing trust and safety for single women.

How does Quhuo (NASDAQ:QH) manage its service delivery through Lailai?

Lailai uses a proprietary digital dispatch system that integrates cleaning, repairs, and other services into a unified platform for efficient management and precise demand matching.

When did the partnership between Quhuo's Lailai and Beike begin?

The partnership launched in May 2024 and has since expanded to multiple major cities across China.