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, 2020. The report is available on the company's investor relations website and SEC's website. Tuniu offers a wide range of packaged tours and travel services to leisure travelers, covering over 420 cities in China and popular global destinations. Shareholders can request a free hard copy of the report containing audited financial statements from the Investor Relations Department.

Tuniu Corporation (NASDAQ:TOUR) reported its fourth quarter and fiscal year 2020 results on March 16, 2021, highlighting a significant impact from COVID-19. For Q4, net revenues fell to RMB118.7 million (US$18.2 million), a 73.7% decline year-over-year. The company experienced a net loss of RMB921.8 million (US$141.3 million) for the quarter. Full-year results showed a net revenue decrease of 80.3% to RMB450.3 million (US$69.0 million) and a net loss of RMB1.3 billion (US$205.9 million). Looking ahead, Tuniu expects Q1 2021 revenues to decline 60% to 65% year-over-year.

Tuniu Corporation (NASDAQ:TOUR), a prominent online leisure travel firm in China, is set to unveil its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2020, on March 16, 2021. The earnings call will occur at 8:00 am U.S. Eastern Time, allowing analysts and investors to discuss the company's performance. Tuniu's platform offers a range of leisure travel services, including packaged tours, and services backed by a robust support network.

Tuniu Corporation (NASDAQ:TOUR), a leading online leisure travel company in China, announced the appointment of Jiangtao Liu and Shiwei Zhou as new board directors effective February 9, 2021. They replace Shengli Hu and Tao Yang, who resigned the same day. Liu's appointment is linked to a previous Share Purchase Agreement involving JD.com and Caissa Sega Tourism. Liu, CEO of Caissa Group, has extensive industry experience, while Zhou serves as VP of Corporate Strategy & Investment at Trip.com. This leadership change aims to strengthen Tuniu's strategic direction in the competitive travel market.

Tuniu Corporation (NASDAQ: TOUR) reported its third quarter 2020 results, revealing net revenues of RMB123.5 million (US$18.2 million), an 85.5% year-over-year decrease due to COVID-19. Packaged tour revenues dropped by 88.4%, while other revenues decreased by 64.8%. Operating expenses declined by 70.8% to RMB127.8 million (US$18.8 million), leading to a net loss of RMB62.1 million (US$9.1 million), up from RMB12.6 million in the prior year. For Q4 2020, Tuniu anticipates revenues between RMB112.8 million and RMB135.4 million, representing a 70%-75% decrease year-over-year.

Tuniu Corporation (NASDAQ:TOUR) will announce its third-quarter financial results for 2020 on December 1, 2020, prior to market opening. An earnings conference call is scheduled for 8:00 AM ET on the same day, where management will discuss the results. Interested parties can access the call via several dial-in numbers based on their location.

Tuniu, a leading online leisure travel company in China, offers a variety of travel services and covers over 420 cities in China, providing comprehensive leisure travel solutions.

Tuniu Corporation (NASDAQ:TOUR), a top online leisure travel firm in China, has announced a share repurchase program authorizing up to US$10 million of its ordinary shares or American depositary shares over the next year. These buybacks will occur based on market conditions, utilizing available cash balance. This repurchase initiative reflects the company's commitment to enhancing shareholder value and confidence in its financial stability amidst a challenging travel industry backdrop.

Tuniu Corporation (NASDAQ: TOUR) reported its unaudited financial results for Q2 2020, revealing net revenues of RMB34.0 million (US$4.8 million), a staggering 93.5% drop year-over-year, largely due to COVID-19 impacts. Packaged tour revenues fell by 97.1%, while other revenues declined by 76.4%. Despite this, the company noted a sequential decrease in operating expenses by 63.4% to RMB158.1 million (US$22.4 million). Tuniu anticipates net revenues between RMB85.3 million and RMB170.5 million for Q3 2020, reflecting an expected 80-90% year-over-year decline but a significant quarter-over-quarter improvement.

Tuniu Corporation (NASDAQ: TOUR), a leading online leisure travel company in China, plans to release its unaudited financial results for Q2 2020 on August 28, 2020, prior to market opening. An earnings conference call is scheduled for the same day at 8:00 AM ET. The call will provide insights into Tuniu's performance, covering updates on packaged tours and services offered across over 420 departing cities in China. A replay will be available through September 3, 2020.