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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. On November 13, 2024, the price of Bitcoin surged again, surpassing $90,000 per coin. This latest surge further highlights the attractiveness of the cryptocurrency mining industry as a high-return sector. The engagement of Waterside aligns with TuanChe's strategic plan
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 pr
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).Gross profit was RMB22.4 million (US$3.1 million).The number of auto shows organized during the first half of 2024 was 63 in 47 cities across China.The number of automobile sale transactions facilitated during the first half of 2024 was 10,460, and the gross merchandise volume of new automobiles sold during the first half of 2024 was RMB1.7 bill
6-K - TuanChe Ltd (0001743340) (Filer)
424B5 - TuanChe Ltd (0001743340) (Filer)
6-K - TuanChe Ltd (0001743340) (Filer)
Maxim Group downgraded TuanChe from Buy to Hold
BEIJING, Nov. 22, 2023 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ:TC), a leading integrated automotive marketplace in China, today announced the results of the Company's 2023 Annual General Meeting of Shareholders ("2023 AGM") held on November 22, 2023, at 10:00 a.m. China Standard Time in Beijing, China. The proposals submitted for shareholder approval at the 2023 AGM have been approved. Specifically, the shareholders have passed the resolutions approving (1) the ratification of the appointment of Marcum Asia CPAs LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023, and (2) the ratification of the appointm
BEIJING, June 15, 2023 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced the appointment of Mr. Simon Li as chief financial officer, effective from June 15, 2023. Mr. Simon Li has extensive experience in investment and corporate finance. Prior to joining the Company, Mr. Simon Li served as a partner at Hongmenge (Beijing) Private Equity Management Co., Ltd. from June 2020 to May 2023, leading its financing and investment portfolio management business lines. Prior to that, Mr. Li was the general manager of the capital market department of Chang'An NIO New Energy Automotive Technology Co., Ltd (now A
BEIJING, May 24, 2023 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ:TC), a leading integrated automotive marketplace in China, today announced a change in its board of directors (the "Board"). Mr. Fei Han tendered to the Board his resignation as an independent director of the Board, a member of the Audit Committee of the Board and a member of the Nominating and Corporate Governance Committee of the Board for personal reasons, effective from May 24, 2023. Mr. Fei Han's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practice. The Board appointed Mr. Tong Zhang as an independent director of
SC 13G/A - TuanChe Ltd (0001743340) (Subject)
SC 13G/A - TuanChe Ltd (0001743340) (Subject)
SC 13G - TuanChe Ltd (0001743340) (Subject)
BEIJING, Jan. 13, 2022 /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 third quarter ended September 30, 2021. Key Third Quarter 2021 Financial and Operating Metrics Net revenues decreased by 38.9% to RMB61.1 million (US$9.5 million) from RMB100.0 million in the same period of 2020. Gross profit decreased by 35.1% to RMB46.8 million (US7.3 million) from RMB72.1 million in the same period of 2020. Quarterly number of auto shows organized across China decreased by 57.2% to 65 in 55 cities from 152 in 107 cities in the same period of 2020. Quarterly
BEIJING, Jan. 7, 2022 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ:TC), a leading integrated automotive marketplace in China, today announced that it plans to release its third quarter 2021 unaudited financial results before the U.S. market opens on Thursday, January 13, 2022. The earnings release will be available on the Company's investor relations website at http://ir.tuanche.com/. TuanChe's management will hold a conference call on Thursday, January 13, 2022, at 8:00 A.M. Eastern Time or 9:00 P.M. Beijing Time on the same day to discuss the financial results. Listeners may access the call by dialing the following numbers: US (Toll-Free): 1-888-346-8982 Internatio
Shares of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) fell sharply during Monday’s session. Guggenheim analyst John Difucci downgraded the stock from Buy to Neutral, while BTIG analyst Gray Powell downgraded the stock from Buy to Neutral. CrowdStrike shares dipped over 11% on Friday after the company suffered a major outage impacting businesses around the world. Selective Insurance Group shares dipped 13.2% to $264.65 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA) shares climbed 148% to $1.98 after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2. CareMa
Shares of Tellurian Inc. (NASDAQ:TELL) rose sharply in today's pre-market trading after Woodside Energy announced plans to acquire the company for $900 million in all-cash deal. The implied enterprise value is around $1,200 million. Tellurian shares jumped 65% to $0.9422 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Netcapital Inc. (NASDAQ:NCPL) rose 43.8% to $0.1495 in pre-market trading after jumping more than 12% on Friday. Netcapital, last week, announced the launch of the beta version of its secondary trading platform. Serve Robotics Inc. (NASDAQ:SERV) gained 36.8% to $10.33 in pre-market trading. Serve Robotics shares jumped
Shares of Intuitive Surgical, Inc. (NASDAQ:ISRG) rose sharply in today's pre-market trading after the company reported better-than-expected second-quarter financial results. Intuitive Surgical reported second-quarter revenue of $2.01 billion, beating the consensus estimate of $1.97 billion. The robotic-assisted surgery company reported quarterly adjusted earnings of $1.78 per share, beating analyst estimates of $1.54 per share. Intuitive Surgical shares jumped 6.7% to $444.00 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Serve Robotics Inc. (NASDAQ:SERV) gained 68.4% to $4.43 in pre-market trading after gaining over 12% on Thursday.