NANJING, China, June 4, 2024 /PRNewswire/ -- Tuniu Corporation (NASDAQ: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.Highlights for the First Quarter of 2024 Net revenues in the first quarter of 2024 increased by 70.9% year-over-year to RMB108.0 million (US$15.0 million[1]).Revenues from package tours in the first quarter of 2024 increased by 106.7% year-over-year to RMB83.0 mill ...

NANJING, China, May 20, 2024 /PRNewswire/ -- Tuniu Corporation (NASDAQ:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2024, before the market opens on June 4, 2024.Tuniu's management will hold an earnings conference call at 8:00 am U.S. Eastern Time on June 4, 2024 (8:00 pm Beijing/Hong Kong Time on June 4, 2024).Listeners may access the call by dialing the foll ...

NANJING, China, April 29, 2024 /PRNewswire/ -- Tuniu Corporation (NASDAQ:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission. The annual report can be accessed on the Company's investor relations website at http://ir.tuniu.com or the SEC's website at www.sec.gov. The Company will provide a hard copy of its annual report containin ...

Table of Contents * Not for trading, but only in connection with the listing on The Nasdaq Global Market of American depositary shares. Securities registered or to be registered pursuant to Section 12(g) of the Act. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal y ...

Financial Data and Key Metrics Changes - In Q4 2023, net revenues increased by 266% year-over-year to RMB99.9 million, driven by a 1377% increase in package tour revenues [5][18] - Gross profit for Q4 2023 was RMB74.6 million, up 512% year-over-year [5][18] - For the full year 2023, net revenues reached RMB441.3 million, a 140% increase year-over-year, with package tour revenues up 374% to RMB333.4 million [7][21] - Non-GAAP net income for 2023 was RMB52.6 million, marking the first full-year profitability since the pandemic [7][23] Business Line Data and Key Metrics Changes - Package tours accounted for 73% of total net revenues in Q4 2023, while other revenues increased by 19% year-over-year [18] - In 2023, package tours represented 76% of total net revenues, with a significant increase in organized tours [21][22] - The average customer satisfaction rate for new tour products increased from slightly over 90% to over 98% during summer 2023 [9] Market Data and Key Metrics Changes - The number of newly opened outbound travel destination countries increased from 20 to 138 by the end of Q4 2023 [5] - The GMV from corporate clients increased by over 40% in Q4 2023 compared to the previous quarter [12] - Total payment volume from live streaming channels exceeded RMB1 billion in 2023, with profitability achieved for the full year [13] Company Strategy and Development Direction - The company aims to focus on developing high-quality in-house products, particularly new tours, which provide pricing power and steady revenue contributions [27] - Expansion of sales channels through live streaming and offline stores is a priority, targeting both young consumers and senior citizens [28] - The company plans to enhance customer service for travel-related products, including air tickets and hotels, to improve the overall customer experience [28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the travel market's recovery, citing the positive growth momentum continuing into 2024 [15] - The company anticipates a 60% to 70% year-over-year increase in net revenues for Q1 2024, aiming to maintain a higher than industry average growth rate [24][28] - Management highlighted the importance of strict cost control measures to enhance profitability [16] Other Important Information - The company recorded a goodwill impairment of RMB114.7 million in Q4 2023, impacting GAAP net loss [19][20] - Cash and cash equivalents as of December 31, 2023, totaled RMB1.2 billion [21] Q&A Session Summary Question: What are the core causes of the GAAP net loss in Q4 despite good financial performance? - Management explained that the GAAP net loss was primarily due to over RMB100 million of goodwill impairment, despite achieving non-GAAP profitability for the third consecutive quarter [27] Question: What are the strategic plans for this year in both business and finance? - Management outlined plans to focus on in-house product development, expand sales channels, and improve services for travel-related products, with an expectation of significant revenue growth in 2024 [27][28]

NANJING, China, March 1, 2024 /PRNewswire/ -- Tuniu Corporation (NASDAQ:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced that it plans to release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, before the market opens on March 13, 2024.Tuniu's management will hold an earnings conference call at 8:00 am U.S. Eastern Time on March 13, 2024 (8:00 pm Beijing/Hong Kong Time on March 13, 2024).Listeners may access t ...

Tuniu Corporation (NASDAQ:TOUR) Q3 2023 Results Conference Call November 21, 2023 8:00 AM ET Company Participants Mary Chen - Director, Investor Relations Donald Yu - Founder, Chairman and Chief Executive Officer Anqiang Chen - Financial Controller Operator Hello, and thank you for standing by for Tuniu’s 2023 Third Quarter Earnings Conference Call [Operator Instructions]. Today's conference is being recorded. If you have any objections, you may disconnect at this time. I would now like to turn the meeting ...

Tuniu Corporation (NASDAQ:TOUR) Q2 2023 Earnings Conference Call August 17, 2023 8:00 AM ET Company Participants Mary Chen - Investor Relations Director Donald Dunde Yu - Founder, Chairman and Chief Executive Officer Anqiang Chen - Financial Controller Conference Call Participants Rachel Lee - Private Investor Operator Good day, and welcome to the Tuniu ‘23 Q2 Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to as ...

Tuniu Corporation (NASDAQ:TOUR) Q1 2023 Earnings Conference Call June 9, 2023 8:00 AM ET Company Participants Mary Chen - Director of Investor Relations Donald Dunde Yu - Founder, Chairman and Chief Executive Officer Anqiang Chen - Financial Controller Conference Call Participants Operator Hello and thank you for standing by for Tuniu's 2023 First Quarter Earnings Conference Call. At this time, all participants are in listen-only mode. After management's prepared remarks, there will be a question-and-answer ...

Exhibit 99.1 Tuniu Announces Unaudited First Quarter 2023 Financial Results NANJING, China, June 9, 2023 - Tuniu Corporation (NASDAQ: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. Highlights for the First Quarter of 2023 · Net revenues in the first quarter of 2023 increased by 52.3% year-over-year to RMB63.2 million (US$9.2 million). · Revenues from package tours in the first qua ...