Quhuo Limited Expands Stake in Trade Subsidiary
Company Announcements

Quhuo Limited Expands Stake in Trade Subsidiary

Quhuo (QH) has released an update.

Quhuo Limited, a Cayman Islands-based company, has entered into an equity acquisition agreement to purchase a 9.46% ownership stake in Quhuo International Trade (HK) Limited from LIDA GLOBAL LIMITED. The deal values the target company at a discounted equity value of $94 million, despite a valuation range of $90 to $102 million. The acquisition is set to consolidate Quhuo Limited’s position in the market, following the terms and conditions outlined in the agreement.

For further insights into QH stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskQuhuo Limited Secures Nasdaq Listing Compliance
TheFlyQuhuo regains compliance with Nasdaq listing requirements
TipRanks Auto-Generated NewsdeskQuhuo Limited Secures RMB 20 Million Credit Facility
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App