TuanChe Limited (TC) Stock

TuanChe Limited, a leading player in China's automotive industry, operates as an omni-channel marketplace facilitating interactions across the automotive ecosystem. The company's core activities encompass organizing auto shows and promotional events aimed at engaging a diverse consumer base. TuanChe provides comprehensive marketing solutions to industry stakeholders such as automakers, franchised and secondary dealers, and automotive service providers. These efforts are bolstered by a suite of online platforms including its proprietary tuanche.com website, WeChat account, and mobile applications, ensuring robust digital engagement and seamless transactional capabilities through Cheshangtong, its SaaS product.

In addition to its marketing prowess, TuanChe offers crucial business and technical support services along with strategic consulting to optimize operational efficiency for its clients. The company has also ventured into facilitating referral services for commercial banks, enhancing their auto loan business through synergistic partnerships. Notably, TuanChe has orchestrated a wide-reaching network of 450 auto shows across 142 cities in China as of December 31, 2021, underscoring its extensive market penetration and regional influence. Furthermore, TuanChe has forged a strategic alliance with Beijing Easyhome Furnishing Chain Group Co., Ltd., aimed at creating an integrated retail experience combining automotive services with home decoration products.

Founded in 2010 and headquartered in Beijing, China, TuanChe Limited continues to innovate within the automotive marketplace, leveraging its deep industry expertise and expansive network to drive growth and deliver value to its diverse array of stakeholders.