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TuanChe Limited (TC) stock surged +5.89%, trading at $0.56 on NASDAQ, up from the previous close of $0.53. The stock opened at $0.53, fluctuating between $0.53 and $0.58 in the recent session.
TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China. It organizes auto shows and special promotion events that attract various consumers; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction. The company also offers business and technical support, and consulting services; online marketing services through various online platforms, including tuanche.com website, WeChat account, WeChat mini-program, mobile applications, and Cheshangtong, a SaaS product; and referral services for commercial bank to enhance its auto loan business. As of December 31, 2021, it organized 450 auto shows in 142 cities across China. The company has a strategic partnership with Beijing Easyhome Furnishing Chain Group Co., Ltd. to jointly establish a one-stop retail experience that combines home decoration products and automotive services. TuanChe Limited was founded in 2010 and is headquartered in Beijing, China.
Employees | 116 |
Beta | 0.47 |
Sales or Revenue | $162.37M |
5Y Sales Change% | -0.925% |
Fiscal Year Ends | December |
Sector | Communication Services |
Industry | Internet Content & Information |