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Stock impact report

TuanChe Announces Unaudited First Half 2024 Financial Results [Yahoo! Finance]

TuanChe Limited - American Depositary Shares (TC) 
Company Research Source: Yahoo! Finance
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 billion US$0.2 billion "Intensified competition and the complex macro environment have posed unprecedented challenges to our business since the beginning of 2024," Mr. Wei Wen , TuanChe's Chairman and CEO, commented. "Amid lackluster consumer sentiment, our net revenues came in at RMB32.3 millio Show less Read more
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