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Organization and Reorganization (Tables)
 12 Months Ended
Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of principal subsidiaries and vies
Subsidiaries 

Place and

year of

incorporation

 

Percentage of

direct or indirect
economic ownership

  Principal activities
TuanChe Information Limited (“TuanChe Information”) Hong Kong, PRC 2012  100  Investment holding
TuanYuan Internet Technology (Beijing) Co., Ltd. (“TuanYuan”) Beijing, PRC 2013  100  Technical support and consulting services

 

Major VIEs 

Place and

year of

incorporation/

acquisition

 

Percentage of

direct or indirect
economic ownership

  Principal activities
TuanChe Internet Information Service (Beijing) Co., Ltd. (“TuanChe Internet”) Beijing, PRC 2012  100  Auto shows and group-purchase facilitation
Best Cars Limited (“Best Cars”) British Virgin Islands, 2018  100  Holding of ordinary shares for restricted share awards

 

Major subsidiaries of VIEs 

Place and

year of

incorporation

 

Percentage of

direct or indirect
economic ownership

  Principal activities
Beijing Zhongrui Guochuang Automobile Sales & Service Co., Ltd. (“Zhongrui Guochuang”) * Beijing, PRC 2016  100  Auto shows and group-purchase facilitation
TuanChe (Beijing) Automobile Sales Service Co., Ltd. (“TuanChe Automobile”) Beijing, PRC 2015  100  Vehicle sales facilitation
Beijing GuoHeng Chuangxin Automobile Sales & Service Co., Ltd. (“GuoHeng Chuangxin”) Beijing, PRC 2016  100  Vehicle sales facilitation
Tengzhou GuoChuang Automobile Sales & Service Co., Ltd. (“GuoChuang Automobile”) Shandong, PRC 2016  100  Vehicle sales facilitation
Tianjin Hengyuan Chuangxin Automobile Sales & Service Co., Ltd. 
(“Tianjin Hengyuan”)		 Tianjin, PRC 2016  100  Vehicle sales facilitation

 

 
* On June 22, 2018, Zhongrui Guochuang was restructured from being a VIE of TuanYuan to a subsidiary of TuanChe Internet.
Schedule of consolidated financial statements
    As of December 31,     As of December 31,  
    2017     2018  
    RMB     RMB  
ASSETS                
Current assets:                
Cash and cash equivalents     32,210       25,166  
Accounts receivable, net     8,467       27,160  
Prepayments and other current assets     14,458       16,692  
Receivables due from related parties     2,260       -  
Amount due from the subsidiaries of the Group     1,923       4,973  
Held-for-sale assets     837       -  
Short-term investments     4,000       -  
Total current assets     64,155       73,991  
Non-current assets:                
Property, equipment and software, net     938       522  
Long-term investments     1,000       4,390  
Total non-current assets     1,938       4,912  
TOTAL ASSETS     66,093       78,903  
Current liabilities:                
Accounts payable     3,340       1,871  
Advance from customers     9,751       13,922  
Short-term borrowings     24,971       -  
Salary and welfare benefits payable     40,803       30,535  
Other taxes payable     21,476       12,651  
Other current liabilities     26,422       5,306  
Amount due to the subsidiaries of the Group     182,033       233,295  
Total current liabilities     308,796       297,580  
Non-current liabilities:                
Long-term borrowings     2,932       -  
Total non-current liabilities     2,932       -  
TOTAL LIABILITIES     311,728       297,580  

 

    For the year ended  
    December 31,     December 31,     December 31,  
    2016     2017     2018  
    RMB     RMB     RMB  
Net revenues     117,211       280,081       329,788  
Net loss from continuing operations     (69,138 )     (66,300 )     (34,674 )
Net loss from discontinued operations     (5,060 )     (14,977 )     (3,612 )
Net loss     (74,198 )     (81,277 )     (38,286 )

 

    For the year ended  
    December 31,     December 31,     December 31,  
    2016     2017     2018  
    RMB     RMB     RMB  
Net cash generated from/(used in) operating activities     12,930       (10,540 )     24,144  
Net cash generated from/(used in) investing activities     14,965       -       (50 )
Net cash (used in)/ generated from financing activities     (12,283 )     18,148       (31,138 )
Net increase/(decrease) in cash and cash equivalent     15,612       7,608       (7,044 )