Headquartered in Ruihai Building, Beijing Fiscal year ends December NASDAQ: TC tuanche.com
Token Cat Limited (formerly TuanChe Limited) is a Cayman Islands-incorporated holding company that historically operated an integrated automotive marketplace business in China. Following the October 2025 disposition of its legacy auto show and marketing entities for nominal consideration of US$1, the company now operates through PRC subsidiaries in two segments: (1) resale of automotive electronic components, including core electronic parts and communication signal modules procured from third-party suppliers and sold to industrial and commercial customers, and (2) digital advertising services, acting as an agent for clients' brand promotion campaigns on major Chinese online platforms including TikTok, Kuaishou, and Toutiao, as well as providing marketing information services based on consumer demand data. The company is also exploring development of a multi-channel network (MCN) platform business intended to connect content creators and brands through content incubation, traffic management, and commercial monetization, though this initiative remained in the development stage as of June 30, 2026. The company's ADSs trade on Nasdaq, with each ADS representing 4,800 Class A ordinary shares. The company has over 104 billion Class A ordinary shares outstanding, faces going-concern uncertainty, and underwent a complete leadership change in August 2026. Updated
Monday's top analyst upgrades, downgrades and initiations include Abbott Labs, Bluebird Bio, Chipotle, Eli Lilly, Ferrari and Wells Fargo.
Wednesday's top analyst upgrades, downgrades and initiations include Annaly Capital Management, Gap, Google, Johnson Controls, Symantec, Williams Companies and Yelp.
Thursday's top analyst upgrades, downgrades and initiations include Apple, Envestnet, Pandora Media, Regeneron Pharmaceuticals, Spectra Energy and Travelers.
Monday's top analyst upgrades, downgrades and initiations include Apple, BP, Hewlett-Packard, Philip Morris, UnitedHealth and AT&T.
Thursday's top analyst upgrades and downgrades from 24/7 Wall St. include ARIAD Pharmaceuticals, FedEx, Genpact, Suncor Energy, Travelers and UPS.
ThinkstockAlmost every trading day 24/7 Wall St. covers research reports for analyst upgrades, analyst downgrades, and for new analyst coverage. We also cover specific sector calls that stand out above and beyond…
ThinkstockSlower-than-expected Chinese growth and Federal Reserve tapering discussions have severely affected the commodity world. Strengthening of the U.S dollar, unwinding of the global carry-trade and tame global inflation also have played their…
An organization called the International Nickel Study Group is projecting a 60,000 metric ton surplus of nickel by the end of 2011, compared with a shortage of 30,000 metric tons at the…
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Aeropostale, Inc. (NYSE: ARO) Cut to Underweight at KeyBanc. Arris Group Inc. (NASDAQ: ARRS)…
Van Eck Global has a history of launching niche ETF products. Today’s launch of Market Vectors Rare Earth/Strategic Metals ETF (NYSE: REMX) is no exception. This new ETF is the first ETF…
Token Cat Limited (formerly TuanChe Limited) is a Cayman Islands-incorporated holding company that historically operated an integrated automotive marketplace business in China.
The Wall Street consensus 12-month price target for TC is $89.80.
