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TUHU Car Inc. Renews Strategic Partnership with Tencent

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TUHU Car Inc. Renews Strategic Partnership with Tencent

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TUHU Car Inc. Class A ( (HK:9690) ) has provided an update.

TUHU Car Inc. has announced the renewal of its continuing connected transactions with Tencent Computer through the 2025 Tencent Group Framework Agreement. This agreement, which will last from January 1, 2026, to December 31, 2028, outlines the provision of technical, advertising, and payment services by Tencent to TUHU. The renewal signifies a continued strategic partnership, potentially enhancing TUHU’s operational capabilities and market presence by leveraging Tencent’s technological expertise.

The most recent analyst rating on (HK:9690) stock is a Hold with a HK$19.00 price target. To see the full list of analyst forecasts on TUHU Car Inc. Class A stock, see the HK:9690 Stock Forecast page.

More about TUHU Car Inc. Class A

TUHU Car Inc. operates in the automotive services industry, providing a range of car maintenance and repair services. The company is known for leveraging technology to enhance customer experience and efficiency in its operations.

Average Trading Volume: 1,107,917

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$12.82B

Learn more about 9690 stock on TipRanks’ Stock Analysis page.

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