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Exhibit 99.1 Quhuo Announces Third Quarter 2021 Unaudited Financial Results BEIJING , China , November 29 , 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 third quarter ended September 30 , 2021 . Financial and Operational Highlights for the Third Quarter of 2021 • Total revenues were RMB1,105.5 million ( US $ 171.6 million ) , representing a 43.7 % year - over - year increase . • Revenues from on - demand delivery solutions increased 38.0 % year - over - year . • • • • • • Revenues from mobility service solutions , consisting of shared - bike maintenance , ride hailing and freight service solutions , increased 364.5 % year - over - year . ( 1 ) Revenues from housekeeping and accommodation solutions increased 538.0 % year - over - year . Adjusted EBITDA was RMB35.1 million ( US $ 5.4 million ) , representing a 20.5 % quarter - over - quarter increase . Adjusted net income was RMB28.2 million ( US $ 4.4 million ) , representing a 183.5 % quarter - over - quarter increase . The number of average monthly delivery orders was 53.1 million , representing a 59.1 % year - over - year increase . We provided services in 1,231 business circles across 131 cities nationwide in the third quarter of 2021 , compared with 1,067 business circles across 81 cities in the same period in 2020 . Mr. Leslie Yu , Chairman and Chief Executive Officer of Quhuo , commented , " We are very pleased to report another solid quarter that generated total revenues of RMB1.1 billion , representing an increase of 43.7 % year - over - year , which was in - line with our prior guidance . All of our three main business lines - on - demand food deliveries , mobility service solutions and housekeeping solutions have continuously manifested solid performance , which was primarily driven by strong market demand and our geographical expansion . Benefiting from our improved operations , we recorded market - leading top - line growth rate . Meanwhile , we made great effort to enhance our technology capability , as evidenced by our R & D expenses that doubled year - over- year . We believe such investment will enable us to expand our services into additional sectors over time , improve our operational efficiency and service quality , and enhance our competitive advantages . " ( 1 ) We commenced our freight service solutions for industry customers in July 2021 by fulfilling end - to - end intra - city and long - distance transportation orders .