Sallie Mae Bank review: high APYs, no monthly fees

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  • Sallie Mae Bank (Member FDIC) is an online bank that offers savings accounts, a money market account, and CDs.
  • The SmartyPig savings account lets you name individual savings goals and set deadlines.
  • The bank doesn’t have a checking account, so you’ll have to transfer funds to an external bank account to access your savings, which could take a couple business days.
  • Sallie Mae pays competitive rates on its savings and money market accounts, but you can find better CD rates elsewhere.
  • See Business Insider’s picks for the best CD rates »

You might like Sallie Mae if you:

  • Are comfortable banking digitally
  • Want to earn a competitive APY on a
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TuanChe Announces Unaudited Second Quarter 2020 Financial Results | News

BEIJING, Sept. 18, 2020 /PRNewswire/ — TuanChe Limited (“TuanChe,” “Company,” “we” or “our”) (NASDAQ: TC), a leading omni-channel automotive marketplace in China, today announced its unaudited financial results for the second quarter ended June 30, 2020.

Key Second Quarter 2020 Financial and Operating Metrics Compared with the Prior Year Period

The Company’s financial and operational results for the second quarter of 2020 have been materially and adversely impacted by the COVID-19 pandemic:

  • Net revenues decreased by 73.1% to RMB54.7 million (US$7.7 million) from RMB203.5 million.
  • Gross profit decreased by 70.1% to RMB43.0 million (US$6.1 million) from RMB144.0 million. Gross margin increased to 78.6% from 70.8%.
  • Quarterly number of organized auto shows across China decreased by 82.3% from 344 in 186 cities to 61 in 56 cities. Quarterly number of special promotion events decreased by 48.7% from 154 to 79.
  • Quarterly number
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