TC
TuanChe
About: TuanChe Ltd is an omnichannel automotive marketplace in China. The company operates in one operating segment of providing auto shows, special promotion events services, and virtual dealership, online marketing services, and others. It organizes auto shows, for the purpose of facilitating transactions between consumers and auto dealers that include auto dealers, automakers, and automotive service providers. It provides services through its online platform and offline events.
Employees: 324
0
Funds holding %
of 7,290 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more funds holding
Funds holding: 2 [Q3] → 3 (+1) [Q4]
0% less ownership
Funds ownership: 0.01% [Q3] → 0.01% (-0%) [Q4]
51% less capital invested
Capital invested by funds: $49K [Q3] → $24K (-$25K) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for TC.
Financial journalist opinion
Based on 3 articles about TC published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
TuanChe Limited Announces Planned Name Change to Token Cat Limited
BEIJING, China, Feb. 14, 2025 (GLOBE NEWSWIRE) -- TuanChe Limited ("TuanChe," "Company," "we," or "our") (NASDAQ: TC), a leading automotive marketplace platform in China, is pleased to announce that effective on or around February 28, 2025, the Company will change its name to “Token Cat Limited.” The Company's ADSs will continue trading on the Nasdaq Capital Market under the trading symbol “TC”, and the CUSIP number shall remain unchanged.
Neutral
PRNewsWire
3 weeks ago
TuanChe Announces Plan to Adopt DeepSeek R1 Model to Accelerate Intelligent Technology Upgrades
BEIJING , Jan. 28, 2025 /PRNewswire/ -- TuanChe Limited (NASDAQ: TC) ("TuanChe" or the "Company"), a leading automotive marketplace platform, today announced its plan to adopt DeepSeek's newly released R1 model as the technological foundation for its intelligent service system. This initiative aims to further enhance TuanChe's technological capabilities in smart marketing and user interaction, delivering more precise, efficient, and intelligent automotive consumption experiences for its users.
Neutral
PRNewsWire
3 weeks ago
TuanChe Announces Adoption of DeepSeek R1 Model in its Holographic Image Creation Processes
BEIJING , Jan. 27, 2025 /PRNewswire/ -- TuanChe Limited (NASDAQ: TC) ("TuanChe" or the "Company"), a leading automotive marketplace platform, announced today its plan to adopt DeepSeek's newly released R1 model as the foundation for its holographic AI applications. This move aims to further strengthen TuanChe's technological capabilities in holographic digital content generation and interaction, providing users with a more immersive and intelligent holographic experience.
Neutral
GlobeNewsWire
1 month ago
Tuanche Limited announces the receipt of Nasdaq non-compliance notifications regarding the annual meeting and the minimum stockholders' equity requirements
BEIJING, China, Jan. 23, 2025 (GLOBE NEWSWIRE) -- TuanChe Limited (“TuanChe,” “Company,” “we,” or “our”) (NASDAQ: TC), a leading automotive marketplace platform in China, announced today that on January 16, 2025, it received two notification letters from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”). The letters notified the Company of its non-compliance with the annual meeting requirement and the minimum stockholders' equity requirement, as outlined in the Nasdaq Listing Rules (the “Rules”) for continued listing on the Nasdaq stock exchange.
Neutral
PRNewsWire
3 months ago
TuanChe Plans to Venture into the Cryptocurrency Sector, Seeking New Investment and Expansion Opportunities
BEIJING , Nov. 21, 2024 /PRNewswire/ -- TuanChe Limited ("TuanChe," "Company," "we," or "our") (NASDAQ: TC) is pleased to announce that it has entered into an advisory agreement with Waterside Inc. ("Waterside") to assist TuanChe in identifying suitable cryptocurrency mining equipment and related resources. This collaboration marks an important step in TuanChe's exploration of new business opportunities in the digital economy.
Neutral
GlobeNewsWire
4 months ago
TuanChe Announces Pricing of $1.1 Million Registered Direct Offering and Concurrent Private Placement
BEIJING, Oct. 24, 2024 (GLOBE NEWSWIRE) -- TuanChe Limited ("TuanChe," "Company," "we" or "our") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced that it has entered into a definitive agreement with a single institutional investor for the purchase and sale of 761,719 of the Company's American Depositary Shares ("ADSs") (or pre-funded warrants to purchase ADSs ("ADS Equivalents") in lieu thereof). In a concurrent private placement, the Company agreed to issue and sell unregistered warrants to purchase up to an aggregate of 761,719 ADSs. The combined effective offering price for each ADS (or ADS Equivalent) and accompanying warrant is $1.449 per ADS. The private placement warrants will be immediately exercisable, will expire five years from the date of issuance and will have an exercise price of $1.449 per share. The transaction is expected to close on or about October 28, 2024, subject to the satisfaction of customary closing conditions.
Neutral
PRNewsWire
5 months ago
TuanChe Announces Unaudited First Half 2024 Financial Results
BEIJING , Aug. 30, 2024 /PRNewswire/ -- TuanChe Limited ("TuanChe," "Company," "we" or "our") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced its unaudited financial results for the six months ended June 30, 2024. Key First Half 2024 Financial and Operating Metrics Net revenues were RMB32.3 million (US$4.4 million).
Neutral
PRNewsWire
10 months ago
TuanChe Files Its Annual Report on Form 20-F
BEIJING , March 28, 2024 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on March 28, 2024. The annual report, which contains the Company's audited consolidated financial statements, can be accessed on the Company's investor relations website at https://ir.tuanche.com/ or the SEC's website at https://www.sec.gov/.
Neutral
PRNewsWire
1 year ago
TuanChe Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement
BEIJING , Feb. 12, 2024 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated February 9, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). As previously announced, TuanChe received a notification letter (the "Deficiency Notice") from the Nasdaq dated February 17, 2023 indicating that the closing bid price for the Company's American depositary shares (the "ADSs") was below the minimum bid price of $1.00 required for continued listing under the Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days.
Neutral
PRNewsWire
1 year ago
TuanChe Announces Plan to Implement ADS Ratio Change
BEIJING , Jan. 23, 2024 /PRNewswire/ — TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to Class A ordinary shares (the "ADS Ratio") from the current ADS Ratio of one (1) ADS to sixteen (16) Class A ordinary shares to a new ADS Ratio of one (1) ADS to two hundred and forty (240) Class A ordinary shares. TuanChe's ADSs will continue to be traded on the Nasdaq Stock Exchange under the symbol "TC.
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