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Quhuo Announces First Quarter 2021 Unaudited Financial Results Exhibit 99.1 BEIJING , China , June 25 , 2021 - Quhuo Limited ( NASDAQ : QH ) ( “ Quhuo , ” the “ Company , ” “ we ” or “ our ” ) , a leading tech - enabled workforce operational solution platform in China , today announced its unaudited financial results for the first quarter ended March 31 , 2021 . Financial and Operational Highlights for the First Quarter of 2021 • Total revenues were RMB846.5 million ( US $ 129.2 million ) , representing a 115.6 % year - over - year increase . • Revenues from on - demand food delivery solutions increased 109.5 % year - over - year . • • Revenues from mobility service solutions , consisting of shared - bike and ride hailing solutions , increased 455.7 % year - over - year . Revenues from housekeeping and accommodation solutions increased 51 times year - over - year and 55.9 % quarter - over - quarter . • • • General and administrative expenses ( excluding share - based compensation ) , as a percentage of revenues , declined to 4.5 % from 6.7 % in the first quarter of 2020 . The number of average monthly delivery orders was 35.9 million , representing a 113.0 % year - over - year increase . We provided services in 1,066 business circles across 122 cities nationwide in the first quarter of 2021 , compared with 819 business circles across 70 cities in the same period in 2020 . Comment from Leslie Yu , Chairman and Chief Executive Officer of QUHUO : “ We are pleased to deliver strong growth momentum in the first quarter , with revenue increasing 116 % year - over - year to RMB846.5 million , driven by solid performance across all business segments . We believe that the solid results reflect the prosperous , dynamic and healthy flexible workforce market and our leading position in China's gig economy . For 2021 , offering a “ Multi - scenario Deployment ” has been at the forefront of our initiatives to scale the business , and we have made good progress in offering workers a diversified range of open jobs . In addition to food delivery service , we have expanded our service scope covering on - demand delivery services for grocery , fresh food and other fast - moving consumer goods . In the first quarter of 2021 , among 122 cities where we operate , we offered two or more types of services in 48 cities , compared to only 8 cities in the same period of last year . Thousands of jobseekers can now find more suitable career opportunities on our platform and earn higher incomes . " For our on - demand food delivery business , the growth arose from the favorable conditions during the aftermath of COVID - 19 and from the unprecedented strong demand as a result of the changing consumer behaviors and especially during the Lunar New Year holiday as people essentially needed the service for family gatherings . To ensure sufficient capacity to fulfill incoming orders , we moved swiftly to stabilize the existing rider team as well as aggressively hired new ones . We took advantage of this opportunity to sustain our market leading position with the number of average monthly delivery orders increasing by 113 % year - over - year in the first quarter . Our housekeeping and accommodation solution business also showed very strong momentum with the smooth integration of Lailai into our platform following the completion of acquisition . For 2021 , our strategic priority is to rapidly scale up our platform . With the continuous diversification of services and growing workforce on our platform , we believe we will play an increasingly important role in China's gig economy and capture more market share going forward . "