Welcome to our dedicated page for Tuniu news (Ticker: TOUR), a resource for investors and traders seeking the latest updates and insights on Tuniu stock.
Tuniu Corporation (NASDAQ: TOUR), a leading Chinese online leisure travel platform, provides investors and industry observers with critical updates through this dedicated news hub. Track official press releases, financial results, and strategic announcements from the company renowned for its integrated packaged tours and hybrid digital-offline service model.
This resource offers a centralized view of Tuniu's operational developments, including partnerships with tourism authorities, technology investments, and market expansion initiatives. Users will find updates categorized for clarity: earnings reports, product launches, regulatory filings, and executive leadership changes.
Designed for efficient research, the page enables quick access to Tuniu's latest business milestones without speculative analysis. Bookmark this page or check back regularly to stay informed on developments impacting China's evolving online travel sector.
Tuniu (Nasdaq: TOUR), a premier online leisure travel company in China, has regained compliance with Nasdaq's Minimum Bid Price Requirement. This follows the announcement that, for 11 consecutive business days from May 20 to June 3, 2024, Tuniu's American Depositary Shares (ADSs) maintained a closing bid price of at least $1.00. Previously, on January 9, 2024, Tuniu had received a deficiency notice from Nasdaq, indicating that their ADSs' closing bid price was below $1.00 for 30 consecutive business days. With this achievement, Tuniu remains listed on Nasdaq, resolving the compliance issue.
Tuniu, trading under the stock symbol 'TOUR', has announced that it has regained compliance with Nasdaq's minimum bid price requirement. The company faced a potential delisting risk due to its stock price falling below $1.00 for 30 consecutive business days. However, Tuniu has now met the necessary criteria, which includes maintaining a minimum closing bid price of $1.00 for at least 10 consecutive business days. This event is a significant milestone for Tuniu, as it ensures continued trading on the Nasdaq Global Market and reflects positively on the company's recent efforts to stabilize its stock performance.
Tuniu (NASDAQ: TOUR), a leading online leisure travel company in China, announced its unaudited financial results for Q1 2024. Net revenues increased by 70.9% year-over-year to RMB108.0 million (US$15.0 million). Revenue from package tours surged by 106.7% to RMB83.0 million (US$11.5 million). Gross profit jumped by 111.0% to RMB82.0 million (US$11.4 million). The company reported an income from operations of RMB12.3 million (US$1.7 million), a significant turnaround from a loss of RMB17.0 million in Q1 2023. Net income reached RMB21.9 million (US$3.0 million), compared to a net loss of RMB7.5 million the previous year. The company also repurchased approximately 3.5 million ADSs worth US$2.9 million. For Q2 2024, Tuniu expects net revenues between RMB114.9 million and RMB119.9 million, marking a 15-20% year-over-year increase.
Tuniu (NASDAQ:TOUR), a leading online leisure travel company in China, announced it will release its unaudited financial results for Q1 2024 on June 4, 2024, before market opens. The results cover the period ending March 31, 2024.
Management will hold an earnings call at 8:00 am U.S. Eastern Time on the same day. Participants can join the call via provided phone numbers for different regions. A replay will be available starting one hour post-call until June 11, 2024. Webcast access will be provided through Tuniu's investor relations website.
Tuniu , a leading online leisure travel company in China, filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the SEC. Shareholders can access the report online or request a hard copy free of charge.
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