BEIJING, Nov. 12, 2021 /PRNewswire/ -- TuanChe Limited
("TuanChe" or the "Company") (NASDAQ: TC), a leading
integrated automotive marketplace in China, today announced that it has recently
received a notice from its chairman and chief executive officer,
Mr. Wei Wen ("Mr. Wen"), stating that in order to open up more
opportunities for the company, Mr. Wen has decided to withdraw
the non-binding going private proposal (the "Proposal") dated
January 21, 2021.
About TuanChe
Founded in 2010, TuanChe Limited (NASDAQ: TC) is a leading
integrated automotive marketplace in China. TuanChe offers services to connect
automotive consumers with various industry players such as
automakers, dealers and other automotive service providers. TuanChe
provides automotive marketing and transaction related services by
integrating its online platforms with offline sales events. Through
its integrated marketing solutions, TuanChe turns individual and
isolated automobile purchase transactions into large-scale
collective purchase activities by creating an interactive
many-to-many environment. Furthermore, leveraging its proprietary
data analytics and advanced digital marketing system, TuanChe's
online marketing service platform helps industry customers increase
the efficiency and effectiveness of their advertising placements.
For more information, please contact ir@tuanche.com.
For investor and media inquiries, please contact:
TuanChe Limited
Investor Relations
Tel: +86 (10) 6397-6232
Email: ir@tuanche.com
The Piacente Group, Inc.
Brandi Piacente
Tel: +1 (212) 481-2050
Email: tuanche@tpg-ir.com
Yang Song
Tel: +86 (10) 6508-0677
Email: tuanche@tpg-ir.com
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SOURCE TuanChe Limited