TuanChe is a holding company. Through its subsidiaries, variable interest entities (VIEs) and subsidiaries of VIEs, Co. is engaged in the operation of providing auto shows, group-purchase facilitation, promotion events services, virtual dealership, online marketing services and others related businesses in the People's Republic of China. Co. turns individual and isolated automobile purchase transactions into collective purchase activities through its auto shows. Co. functions as a virtual dealership connecting automakers and franchised dealerships with secondary dealers by providing a suite of services undertaken by franchised dealerships without setting up permanent physical presence. The TC average annual return since 2018 is shown above.
The Average Annual Return on the TC average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether TC average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TC average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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