TuanChe
About: Token Cat Ltd is an omnichannel automotive marketplace in China. The company operates in one segment, providing auto shows, special promotion event services, virtual dealerships, online marketing services, and more. It organizes auto shows to facilitate transactions between consumers and auto dealers, which include auto dealers, automakers, and automotive service providers. It offers services through its online platform and offline events.
Employees: 116
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
0% more ownership
Funds ownership: 0% [Q1] → 0% (+0%) [Q2]
50% less funds holding
Funds holding: 4 [Q1] → 2 (-2) [Q2]
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
98% less capital invested
Capital invested by funds: $56.9K [Q1] → $933 (-$55.9K) [Q2]
Financial journalist opinion