Tuniu Stock Price, News & Analysis

Tuniu Corporation (NASDAQ:TOUR), a leading online leisure travel company in China, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the SEC. The report can be accessed on the Company’s investor relations website. Shareholders can request a hard copy of the report containing audited financial statements free of charge. Tuniu offers a diverse range of packaged tours and travel-related services, covering over 420 cities in China and popular destinations worldwide.

Tuniu Corporation (Nasdaq: TOUR) received a notification from Nasdaq indicating its American depositary shares (ADSs) have been below the US$1.00 minimum bid price for 30 consecutive business days as of April 13, 2022. Tuniu has until October 10, 2022, to regain compliance, with the potential for an additional 180-day extension if needed. The notification will not impact the company's business operations, and Tuniu is committed to regaining compliance.

Tuniu Corporation (NASDAQ:TOUR) announced its fourth quarter and fiscal year 2021 results, reporting net revenues of RMB73.4 million (US$11.5 million), down 38.2% year-over-year, mainly due to COVID-19 impacts. Despite challenges, the company achieved a gross margin of 46.5% and reduced operating expenses by over 91.9%. The net loss in Q4 narrowed significantly to RMB36.2 million (US$5.7 million). For 2022, Tuniu expects continued integration and digitalization efforts. However, it anticipates first quarter revenues will decline by 45% to 55% year-over-year.

Tuniu Corporation (NASDAQ:TOUR) has announced its plans to release its unaudited financial results for the fourth quarter and fiscal year ending December 31, 2021, prior to market opening on March 17, 2022. Management will conduct an earnings conference call on the same day at 8:00 AM U.S. Eastern Time. The call will be accessible via various international dial-in numbers. Additionally, a replay will be available until March 24, 2022. Tuniu is a leading online travel company in China, offering packaged tours and travel-related services through its platform.

Tuniu Corporation (Nasdaq:TOUR) announced that key executives, including CEO Donald Dunde Yu, plan to purchase up to $2 million of the Company's American depositary shares (ADS) over the next six months. Despite setbacks in the travel industry due to Covid-19, the management remains confident in the long-term prospects for both Tuniu and the overall market. The company aims to enhance its competitive advantages and improve product offerings in response to market recovery.

Tuniu Corporation (NASDAQ: TOUR) reported its unaudited financial results for Q3 2021, showing net revenues of RMB114.6 million (US$17.8 million), a 7.2% decline year-over-year. Revenues from packaged tours increased by 5.0% to RMB90.7 million, yet other revenues fell by 35.6%. The company's gross profit decreased by 38.9% to RMB39.7 million. Operating expenses decreased 24.6%, contributing to a narrower net loss of RMB36.6 million versus RMB62.1 million in the same quarter last year. Tuniu expects Q4 revenues to decline by 45% to 55% year-over-year.

Tuniu Corporation (NASDAQ:TOUR) announced plans to release its unaudited financial results for the third quarter ending September 30, 2021, before the market opens on November 19, 2021. An earnings conference call will occur at 8:00 am U.S. Eastern Time on the same day. The call is accessible via specific dialing numbers for various regions, with a replay available from November 19 to November 26, 2021. Tuniu is a prominent online leisure travel company in China, providing a wide range of travel services and solutions to leisure travelers.

Tuniu Corporation (NASDAQ:TOUR) reported a robust recovery in its Q2 2021 financial results, with net revenues increasing by 373.1% year-over-year to RMB161.0 million (US$24.9 million). Revenues from package tours soared by 906.9% year-over-year. The company achieved a gross profit of RMB69.0 million (US$10.7 million), up 792.2% from the prior year, while operating expenses decreased by 39.8% to RMB95.1 million (US$14.7 million). However, Tuniu anticipates a 0% to 10% decline in revenues for Q3 2021 due to ongoing challenges from the COVID-19 pandemic.

Tuniu Corporation (NASDAQ: TOUR), a leading online leisure travel company in China, will announce its unaudited financial results for Q2 2021 on August 23, 2021, before market opening. The earnings call is scheduled for 8:00 am ET and will be accessible via multiple international dial-ins. A replay will be available from August 23 to August 30, 2021. Tuniu offers a wide variety of packaged tours and travel services through its platform, catering to over 420 cities in China and popular destinations globally. For further details, visit their website.