Quhuo is a Chinese gig economy platform that recruits, trains, and manages frontline workers — primarily food delivery riders — on behalf of large consumer platform companies. Rather than platforms like Meituan or Ele.me managing their own delivery workers, they contract Quhuo to staff and oversee those workers to defined performance standards. On-demand delivery makes up roughly 92% of revenue, with the remainder split between mobility services (shared-bike maintenance, ride-hailing vehicle leasing, and new energy vehicle exports) and housekeeping services for hotels and B&Bs. Quhuo earns a service fee per fulfilled delivery order, then pays gig workers a base rate plus performance incentives — the spread between the two drives profitability. Worker efficiency matters significantly, as customers adjust payments based on KPIs like on-time delivery rates. Quhuo's proprietary technology platform, Quhuo+, is the operational backbone, enabling centralized management of workers across hundreds of cities with a lean management layer and allowing worker redeployment across tasks during off-peak hours. Quhuo's growth strategy runs on two tracks: optimizing the core delivery business by focusing on higher-return zones and adding new delivery customers like JD Takeaway, while building housekeeping and international vehicle exports into meaningful secondary businesses. The vehicle export business currently operates on thin margins but Quhuo is shifting toward a model where it earns a share of ongoing ride-hailing economics from overseas partners rather than selling vehicles outright.