TuanChe Expects Adverse Impact from Coronavirus Outbreak
TuanChe Limited - American Depositary Shares (TC)
Company Research
Source: GlobeNewswire
BEIJING, Jan. 30, 2020 (GLOBE NEWSWIRE) -- TuanChe Limited ("TuanChe" or the “Company”) (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced that its financial and operating results for the first quarter of 2020 are expected to be materially and adversely affected by the recent and fast-evolving coronavirus outbreak in the central city of Wuhan (in Hubei province) and other cities in China (the “Outbreak”). As a result of the Outbreak and widespread public concerns, the Company has to significantly reduce the number of offline sales events in the coming months. All auto shows and special promotional events previously scheduled in February have been officially cancelled. The Company believes the probability for a reduction in offline sales events currently scheduled in March is substantial, and will provide timely update when there is further clarity. In light of the reduction in the number of offline sales events in the coming months, the Company’s
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Sec Filings
- 10/30/24 - Form 6-K
- 10/28/24 - Form 424B5
- TC's page on the SEC website