TuanChe (TC) Reports Q3 Revenues of $9.5M, EPS of ($0.02)

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TuanChe Announces Unaudited Third Quarter 2021 Financial Results

January 13, 2022 2:00 AM EST

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... More