TuanChe Ltd. (TC)

Overview

TuanChe Limited operates as an impactful omni-channel automotive marketplace with both a domestic footprint in China and an international presence. Founded in 2010 and headquartered in Beijing, China, the company has dedicated itself to revolutionizing the automotive market. By organizing auto shows and special promotional events, TuanChe facilitates enhanced visibility for industry customers, which range from automakers and franchised dealerships to secondary dealers and automotive service providers. It also fosters direct interactions between participants on both sides of potential transactions, thereby serving as an indispensable platform for automotive marketing and sales. Furthermore, the company's strategic alliances, notably with Alibaba Group's Tmall and Beijing Easyhome Furnishing Chain Group Co., Ltd, underscore its significance and influence in the automotive and retail sectors.

Products and Services

TuanChe Limited offers a comprehensive suite of products and services designed to support and enhance the automotive purchase journey, for both businesses and consumers alike:

• Integrated Marketing Solutions:

These solutions cater primarily to industry customers such as automakers, franchised dealerships, secondary dealers, and automotive service providers. By leveraging auto shows and specialized promotional events, TuanChe effectively enhances brand visibility and facilitates meaningful connections between buyers and sellers.

• Business and Technical Support, and Consulting Services:

Providing crucial business support, technical assistance, and consulting services, TuanChe addresses the needs of industry customers looking to navigate the complex automotive market. This support ranges from operational to strategic consulting, helping clients optimize their market presence and performance.

• Online Marketing Services:

Through a variety of online platforms, including the tuanche.com website, WeChat account and mini-program, mobile applications, and Cheshangtong, a dedicated SaaS product, TuanChe offers robust online marketing services. These digital solutions enable clients to reach broader audiences and engage with potential buyers more effectively.

• Referral Services for Commercial Banks:

To bolster its auto loan business, TuanChe provides referral services to commercial banks. This symbiotic relationship not only benefits the banks by expanding their customer base but also facilitates the purchasing process for consumers, making auto financing more accessible.