BEIJING, May 8, 2024 /PRNewswire/ -- Recently, Quhuo, China's leading gig economy platform focusing on localized lifestyle services, announced an important strategic layout: expanding SaaS+ service scenarios to medical care, long-term rental housing, and pension apartments. Relying on a “flexible employment model”, Fun Life Service Providers can reduce costs and increase efficiency and expand revenue boundaries, thereby driving the further development of enterprises and industries.
In recent years, against the backdrop of increased uncertainty in the economic situation, the traditional direct employee employment model is no longer able to meet the flexible and changing human resource needs of enterprises. In 2023, the publication of the “Blue Book on Flexible Employment in China” revealed this trend. Nearly 70% of enterprises across the country tried to use flexible employment methods, and more than 35% of jobs have already implemented flexible employment. This change not only reflects the market's urgent need for flexibility, but also heralds the rapid development of the “new gig economy.”
Using its deep accumulation in the field of localized lifestyle services for more than 10 years, Quhuo has formed a unique SaaS+ service product through technological innovation and flexible employment models. After years of development, it has provided human resources management, financial management, data analysis and other services to more than 8,000 localized lifestyle service providers in the fields of homestays, hotels, cleaning, laundry, restaurant closing, etc. This service not only helps businesses reduce costs and improve efficiency, but more importantly, broadens their revenue streams.
Based on this, Quhuo has further expanded its horizons into the medical field and cooperated with leading companies in medical institutions to provide a full range of SaaS+ service solutions with flexible employment models for jobs such as cleaning, nursing, and logistics. These solutions will cover various aspects from social personnel recruitment and employment management to payroll settlement and employee service site construction to comprehensively address flexible employment needs in the medical field.
At the same time, Quhuo focuses on innovation and development in the field of accommodation. Following the country house business, Quhuo began expanding its business into long-term rental platforms and pension apartments. Through cooperation with leading domestic real estate leasing companies, Quhuo will explore revitalization solutions for new and second-hand housing and inject new vitality into the rental market. This will not only help landlords and rental companies increase rental income, but also provide tenants with more high-quality accommodation options. According to Ji Tong, the head of Quhuo's business, Quhuo will launch a pilot project in Qinhuangdao, Hebei Province in the second quarter of 2024 to launch three products: long-term rental housing, boutique apartments, and pension apartments. This marks another important innovation in the field of accommodation services.
The successful application of SaaS+ services not only injected new impetus into the development of Quhuo's localized lifestyle services, but also provided new ideas for the transformation and upgrading of the entire industry. In the future, Quhuo plans to expand the market share of SaaS+ services in medical care, pension, and long-term rental apartments, help the company's business achieve rapid growth, and enable local lifestyle service companies to complete curve overtaking under the new economic situation.
About Fun Activities
Fun Life Group (NASDAQ: QH) (“Fun Life” or “Company”) is China's leading flexible employment localized lifestyle service platform. With its self-developed technology infrastructure Quhuo+ technology platform, Quhuo is committed to empowering and linking workers and localized lifestyle service providers to provide end-to-end operational solutions for the lifestyle service market. The company currently provides a variety of operational solutions for specific industries, mainly including instant delivery solutions, travel solutions, housekeeping and homestay solutions, and other services to meet the living needs of hundreds of millions of community families.
With the vision of “promoting employment, stabilizing income, and helping to start a business”, Quhuo explores diverse scenarios to promote workers' employment, provides safety and security, vocational training, etc. to protect workers, help workers plan career development paths, and achieve self-worth.
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