TuanChe Stock (NASDAQ:TC)

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.