TOUR on Nasdaq

Tuniu

Logo: http://www.tuniu.com/, Non-free logo, via Wikipedia5

Chinese online trip website founded in 20061

Tuniu Corporation (Chinese: 途牛旅游网) is a Chinese online travel agency. The company was listed on the Nasdaq Stock Exchange on May 9, 2014. Its headquarters are located in Nanjing, with offices in Shanghai and Beijing.3 Its shares trade on Nasdaq under the symbol TOUR.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 20, 2026.

Overview

$82.6MRevenue, fiscal 20256
$4.5MNet income, fiscal 20256
Oct 2006Founded1

Compare with Yatra.com, MingZhu Logistics Holdings Ltd or Lindblad Expeditions Holdings Inc., or pick any stock.

  • TickerTOUR on Nasdaq1
  • Industrytourism1
  • HeadquartersNanjing1
  • Websitewww.tuniu.com
  • Incorporated inCayman Islands7
  • Business address6, 8-12Th Floor, Building 6-A, Juhuiyuan, No. 108 Xuanwudadao, Xuanwu District, Nanjing, 2100237
  • Filer categoryNon-accelerated filer7
  • Legal formCorporation4
  • LEI529900H3I6TN4LFDZP444
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressc/o International Corporation Services Ltd., P.O. Box 472, 2nd Floor, Harbour Place, 103 South Church Street, KY1-1106 Grand Cayman, Cayman Islands4

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Tuniu Corporation (Chinese: 途牛旅游网) is a Chinese online travel agency. The company was listed on the Nasdaq Stock Exchange on May 9, 2014. Its headquarters are located in Nanjing, with offices in Shanghai and Beijing.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

58.0%Gross margin6
1.9%Operating margin6
5.4%Net margin6
17.5%Revenue growth, 20256
3.0%Return on equity6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Package Tours Services brought in 61% of the revenue Tuniu broke down this way in fiscal 2025.

  1. Package Tours Services493.5M CNY661%up 21% from 2024
  2. Niu Tour Business233.8M CNY629%up 117% from 2024
  3. Other Services84.5M CNY610%down 20% from 2024
  4. Financial Services853.0K CNY60%down 63% from 2024
Products and services by year
Products and services202320242025
Package Tours Services333.4M CNY407.5M CNY493.5M CNY
Niu Tour Business100.1M CNY108.0M CNY233.8M CNY
Other Services107.9M CNY106.2M CNY84.5M CNY
Financial Services6.9M CNY2.3M CNY853.0K CNY

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue42¢$34.7M
  • Research and development10¢$8.4M
  • Other costs42¢$34.8M
  • Income tax0¢$204.0K
  • Profit5¢$4.5M

Out of $82.6M in revenue.6

Financial statements

Revenue91011121314156$82.6M in 2025−75% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $325.8M$325.8M20182019: $327.6M$327.6M2019+1%2020: $69.0M$69.0M2020−79%2021: $66.9M$66.9M2021−3%2022: $26.6M$26.6M2022−60%2023: $62.2M$62.2M2023+133%2024: $70.4M$70.4M2024+13%2025: $82.6M$82.6M2025+17%
Gross profit91011121314156$47.9M in 2025−72% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $170.9M$170.9M20182019: $155.3M$155.3M2019−9%2020: $32.7M$32.7M2020−79%2021: $26.9M$26.9M2021−18%2022: $13.0M$13.0M2022−52%2023: $41.4M$41.4M2023+219%2024: $49.0M$49.0M2024+19%2025: $47.9M$47.9M2025−2%
Operating income91011121314156$1.6M in 2025
-$300.0M-$200.0M-$100.0M0$100.0M2018: -$50.8M-$50.8M20182019: -$125.1M-$125.1M2019+146%2020: -$205.5M-$205.5M2020+64%2021: -$28.5M-$28.5M2021−86%2022: -$30.5M-$30.5M2022+7%2023: -$14.3M-$14.3M2023−53%2024: $8.7M$8.7M20242025: $1.6M$1.6M2025−81%
Net income91011121314156$4.5M in 2025
-$300.0M-$200.0M-$100.0M0$100.0M2018: -$27.0M-$27.0M20182019: -$99.8M-$99.8M2019+270%2020: -$200.5M-$200.5M2020+101%2021: -$19.1M-$19.1M2021−90%2022: -$28.0M-$28.0M2022+47%2023: -$14.0M-$14.0M2023−50%2024: $10.6M$10.6M20242025: $4.5M$4.5M2025−58%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Net revenues578.0M CNY513.6M CNY441.3M CNY
Cost of revenues-243.0M CNY-155.6M CNY-147.6M CNY
Gross profit335.0M CNY358.0M CNY293.7M CNY
Research and product development-59.0M CNY-52.7M CNY-57.0M CNY
Sales and marketing-193.9M CNY-180.3M CNY-117.7M CNY
General and administrative-71.8M CNY-87.7M CNY-113.2M CNY
Impairment of goodwill-114.7M CNY
Other operating income964.0K CNY25.9M CNY7.0M CNY
Total operating expenses-323.7M CNY-294.8M CNY-395.6M CNY
(Loss)/income from operations11.2M CNY63.3M CNY-101.9M CNY
Interest and investment income, net25.8M CNY19.9M CNY5.7M CNY
Interest expense-2.0M CNY-3.3M CNY-3.5M CNY
Foreign exchange losses, net-3.8M CNY-6.8M CNY-6.5M CNY
Other income/(losses), net-652.0K CNY10.1M CNY7.1M CNY
(Loss)/income before income tax expense30.5M CNY83.0M CNY-99.1M CNY
Income tax expense-1.4M CNY-837.0K CNY-1.4M CNY
Equity in (loss)/income of affiliates579.0K CNY1.5M CNY-580.0K CNY
Net (loss)/income attributable to noncontrolling interests-1.5M CNY6.5M CNY-1.8M CNY
Net (loss)/income attributable to Tuniu Corporation31.1M CNY77.2M CNY-99.3M CNY
Net (loss)/income29.7M CNY83.7M CNY-101.1M CNY
Foreign currency translation adjustment, net of nil tax-6.0M CNY8.0M CNY6.4M CNY
Comprehensive (loss)/income23.6M CNY91.7M CNY-94.7M CNY
Comprehensive (loss)/income attributable to noncontrolling interests-1.5M CNY6.5M CNY-1.8M CNY
Comprehensive (loss)/income attributable to Tuniu Corporation25.1M CNY85.2M CNY-92.9M CNY
Net (loss)/income per ordinary share attributable to ordinary shareholders - basic (in $ or RMB per share)0.09 CNY0.21 CNY-0.27 CNY
Net (loss)/income per share - Diluted (in $ or RMB per share)0.09 CNY0.21 CNY-0.27 CNY
Weighted average number of ordinary shares used in computing basic (loss)/income per share340.7M shares361.5M shares371.5M shares
Weighted average number of ordinary shares used in computing diluted (loss)/income per share343.0M shares363.7M shares371.5M shares
Foreign currency translation adjustment0 CNY0 CNY0 CNY

Compare Tuniu with another company

Corporate structure

Tuniu sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Tuniu

  • Yu Dunde Filed SCHEDULE 13D/A on Tuniu, latest Aug 10, 2026 (2 filings since Apr 11, 2024)
  • BHR Winwood Investment Management Ltd Filed SCHEDULE 13D/A on Tuniu, latest Jun 24, 2025
  • HSG 2010 CV Holdco, Ltd. Filed SC 13D/A on Tuniu, latest Dec 1, 2023
  • DCM V LP Filed SC 13D/A on Tuniu, latest Jan 26, 2023
  • Hony Capital Fund V, L.P. Filed SC 13D/A on Tuniu, latest Nov 12, 2021
  • Tuniu Grand Cayman, Cayman Islands

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Tuniu reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$3.0K6 Dec 31, 2025$6.1M15 Dec 31, 2024−100.0%
Property and equipment, net$2.7M6 Dec 31, 2025$4.5M15 Dec 31, 2024−40.1%
Operating-lease assets (leased space)$983.0K6 Dec 31, 2025$1.3M15 Dec 31, 2024−22.5%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$29.6M6 Dec 31, 2025$63.7M15 Dec 31, 2024−53.5%
Marketable securities, current$122.1M6 Dec 31, 2025$59.3M15 Dec 31, 2024+105.9%
Debt securities held to maturity$9.7M6 Dec 31, 2025$47.0M15 Dec 31, 2024−79.4%
Stakes in other companies (equity method)$7.5M6 Dec 31, 2025$7.7M15 Dec 31, 2024−2.5%
Long-term investments$32.5M6 Dec 31, 2025$73.2M15 Dec 31, 2024−55.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$2.8M6 Dec 31, 2025$3.0M15 Dec 31, 2024−7.7%
Finite-lived intangibles, gross$163.3M6 Dec 31, 2025$23.6M14 Dec 31, 2023+593.1%
Finite-lived intangibles, net$2.8M6 Dec 31, 2025$3.0M15 Dec 31, 2024−7.7%

The story

Founded in 2006 in Nanjing by CEO Donald Dunde Yu and COO Alex Haifeng Yan, the company was fully incorporated on June 1, 2008.

On May 9, 2014, Tuniu was listed on the Nasdaq Stock Exchange under TOUR, co-managed by Morgan Stanley & Co, Credit Suisse Securities LLC and China Renaissance Securities. Tuniu raised $72 million in its initial public offering, pricing 8 million shares at $9 per share. CEO Donald Dunde Yu rang the opening bell at the Nasdaq MarketSite in Times Square.

In April 2015, Tuniu was the subject of a boycott by seventeen Chinese travel agencies over a pricing dispute. The issue was settled a few days later following an investigation by the China National Tourism Administration, with partner relations returning to normal. Tuniu's share price fell 4.7% following news of the dispute.

On August 23, 2016, Tuniu's Board of Directors authorized a share repurchase program to repurchase up to $150 million worth of shares. Tuniu's share price had fallen below opening price.

In August 2024, Tuniu and Tourism Authority of Thailand partnered to boost tourism in preparation for the 50th anniversary of Thailand-China diplomacy.

From Wikipedia’s article on Tuniu, shared under CC BY-SA 4.0.8

Leadership

Who has led Tuniu, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Yu Dunde2026–now
2010201520202025
  • Chief executive officerYu Dunde Mar 12, 2026 to now16
Board members and other officers (6)

Products and brands

In July 2016, Tuniu announced the signing of Taiwanese pop stars Jay Chou and Jimmy Lin as its celebrity brand ambassadors.

From Wikipedia’s article on Tuniu, shared under CC BY-SA 4.0.8

Acquisitions

On July 1, 2014, Ctrip CEO James Jianzhang Liang was appointed to Tuniu's board of directors. Consequently, on December 10, 2014, Tuniu and Ctrip signed a strategic collaboration agreement to share travel resources.

On December 15, 2014, Tuniu announced $148 million investment in aggregate from a group that included the investment arms of Hony Capital, JD.com, Ctrip Investment Holding Ltd, and the personal holding companies of Tuniu's CEO and COO. Ctrip acquired $15 million Tuniu shares during their IPO, and currently owns over 3% of Tuniu's outstanding shares.

In May 2015, Tuniu announced the investment of $500 million from a group of investors led by JD.com. JD.com became the largest shareholder in Tuniu with 27.5% stake.

On March 9, 2015, Tuniu announced the acquisition of majority stakes in two Chinese travel agencies, Hangzhou-based Zhejiang Zhongshan International Services and Tianjin-based China Classical Holiday.

Read the full text

On January 21, 2016, Tuniu announced the completion of a US$500 million investment from HNA Tourism Group. Transaction purchase price was US$5.50 per Class A ordinary share. HNA Tourism Group bought 24.1% share of Tuniu.

From Wikipedia’s article on Tuniu, shared under CC BY-SA 4.0.8

Timeline

  1. Mar 12, 2026New chief executive Yu Dunde becomes CEO16
  2. Oct 2006Founded Founded1

Calendar

Coming up

  1. Dec 4, 2026Reports results for the quarter ending Sep/202622

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

177 filings to the SEC since October 2021: 6 annual reports, 18 insider forms, 9 large holders, 144 other. The latest 20:

  1. Sep 3, 20264 OWNERSHIP DOCUMENT EDGAR
  2. Aug 25, 20266-K EDGAR
  3. Aug 13, 20264 OWNERSHIP DOCUMENT EDGAR
  4. Aug 10, 2026SCHEDULE 13D/A EDGAR
  5. Jun 10, 20264 OWNERSHIP DOCUMENT EDGAR
  6. Jun 5, 20266-K EDGAR
  7. May 11, 20264 OWNERSHIP DOCUMENT EDGAR
  8. May 11, 20264 OWNERSHIP DOCUMENT EDGAR
  9. May 7, 20266-K EDGAR
  10. Apr 23, 20266-K EDGAR
  11. Apr 20, 202620-F EDGAR
  12. Apr 13, 20264 OWNERSHIP DOCUMENT EDGAR
  13. Apr 13, 20264 OWNERSHIP DOCUMENT EDGAR
  14. Apr 1, 20264 OWNERSHIP DOCUMENT EDGAR
  15. Mar 25, 20264 OWNERSHIP DOCUMENT EDGAR
  16. Mar 24, 20264 OWNERSHIP DOCUMENT EDGAR
  17. Mar 20, 2026F-6 POS EDGAR
  18. Mar 20, 20266-K EDGAR
  19. Mar 12, 20263 OWNERSHIP DOCUMENT EDGAR
  20. Mar 12, 20263 OWNERSHIP DOCUMENT EDGAR

The 177 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

6 open-market trades by officers, directors and large owners since October 2021: 6 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 31, 2026Chen AnqiangFinancial ControllerBuy2,500$0.80$2.0KForm 4
Mar 30, 2026Chen AnqiangFinancial ControllerBuy1,000$0.78$780Form 4
Mar 24, 2026Dunde YuChief Executive OfficerBuy2,000$0.72$1.4KForm 4
Mar 23, 2026Dunde YuChief Executive OfficerBuy27,000$0.73$19.7KForm 4
Mar 23, 2026Chen AnqiangFinancial ControllerBuy2,800$0.73$2.0KForm 4
Mar 20, 2026Chen AnqiangFinancial ControllerBuy16,800$0.73$12.3KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Morgan Stanley253,077$1.2M0.0%New
Goldman Sachs Group Inc123,699$597.5K0.0%New
Bank Of America Corp /de/47,694$230.4K0.0%New
Jane Street Group, LLC38,493$185.9K0.0%New
Renaissance Technologies LLC31,741$153.3K0.0%New
Yiheng Capital Management, L.P.31,443$151.9K0.1%New
Dimensional Fund Advisors LP12,229$59.0K0.0%New
Bnp Paribas Financial Markets4,695$22.7K0.0%New
Rhumbline Advisers1,594$7.7K0.0%New
Simplex Trading, LLC166$8010.0%New
Osaic Holdings, Inc.100$4830.0%New
Acadian Asset Management LLC26,799$1250.0%New
UBS Group AG20$970.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Tuniu is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTuniu Corp2
  • CIK0001597095
  • Filer statusNon-accelerated filer not an emerging growth company; not a shell company28
  • Incorporated inCayman Islands28
  • Fiscal year endsDecember 312
  • Industry code (SIC)4700 Transportation Services2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business address6, 8-12Th Floor, Building 6-A, Juhuiyuan, No. 108 Xuanwudadao, Xuanwu District, Nanjing, 210023, China2
  • Phone86 25 868539692
  • Shares outstanding310,254,981 Common Class A shares; 17,373,500 Common Class B shares as of Dec 31, 202528
  • AuditorPricewaterhouseCoopers Zhong Tian LLP, Shanghai, the People’s Republic of China PCAOB ID 1424; it also attests to the company’s internal control over financial reporting28
  • On EDGAR sinceJan 27, 20142
  • Filings325 in all: 6-K (94), 144 (80), SC 13D/A (26), SC 13G/A (19), CORRESP (14), UPLOAD (13), 20-F (12), 4 (10)2
    All 28 form types

    SC 13D (10), SC 13G (10), 3 (8), DRSLTR (3), S-8 (3), SCHEDULE 13D/A (3), 20-F/A (2), DRS/A (2), EFFECT (2), F-1 (2), F-1/A (2), F-6 POS (2), 424B4 (1), 8-A12B (1), CERTNAS (1), CT ORDER (1), DRS (1), F-6 (1), RW (1), S-8 POS (1)

  • Latest filingsAnnual report (20-F) Apr 20, 2026

Securities registered for trading

ClassSymbolExchange
American depositary sharesTOURNasdaq
Class A ordinary shares, par valueNasdaq

From the cover page of the 20-F filed Apr 20, 2026 (Section 12(b) of the Exchange Act).28

Sources

The numbers on this page point here. Each one links to the record it came from.

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