The Company is an online leisure travel company in China that offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website and mobile platform, provides comprehensive product and travel information through user-friendly interfaces to enable leisure travelers to plan their travels and search for itineraries that suit their needs in the People's Republic of China, primarily through Nanjing Tuniu and the subsidiaries thereof.
The Company is an exempted company with limited liability incorporated in the Cayman Islands. The Company, its subsidiaries, including the consolidated variable interest entity (“VIE”) and its subsidiaries (collectively referred to as the “Affiliated Entities”) are collectively referred to as the “Group”. The Group's principal activity is the provision of travel-related services in the People's Republic of China (“PRC”).
The Company began their operation in China through Nanjing Tuniu, a PRC company formed in December 2006. Nanjing Tuniu acquired 100 of the equity interests in Shanghai Tuniu International Travel Service Co., Ltd., Nanjing Tuniu International Travel Service Co., Ltd. and Beijing Tuniu International Travel Service Co., Ltd. in August 2008, December 2008 and November 2009, respectively. Nanjing Tuniu established Nanjing Tuzhilv Tickets Sales Co., Ltd. in April 2011.
The Company offer a large selection of packaged tours, including organized tours and self-guided tours, as well as travel-related services for leisure travellers. The Company s online platform, which comprises their tuniu.com website and mobile platform, provides comprehensive product and travel information through user-friendly interfaces to enable leisure travellers to plan their travels and search for itineraries that best suit their needs. Their online platform contains travel guides featuring photos, information and recommendations for all destinations it cover, as well as user-generated content that serves as valuable references for other travellers.
The Company has only one reportable segment. The Group's long-lived assets are substantially all located in the PRC and substantially all the Group's revenues are derived from within the PRC, therefore, no geographical segments are presented.
HISTORY
2008, The Company incorporated Tuniu Corporation under the laws of the Cayman Islands.
2014 The Company s common stock has been approved for listing on the NASDAQ Global Market under the symbol “TOUR” in May 2014. The Company entered into a share subscription agreement with Unicorn Riches Limited, a special purpose vehicle of Hony Capital, JD.com E-commerce (Investment) Hong Kong Corporation Limited, a special purpose vehicle of JD.com, Inc. (Nasdaq: JD), Ctrip Investment Holding Ltd., a subsidiary of Ctrip.com International, Ltd. (Nasdaq: CTRP) and the respective personal holding companies of Tuniu's chief executive officer and chief operating officer, pursuant to which we sold a total of 36,812,868 newly issued Class A ordinary shares for US 148 million.
2015, The Company entered into a share subscription agreement with each of Fabulous Jade Global Limited, a subsidiary of JD.com, Inc., Unicorn Riches Limited, a special purpose vehicle of Hony Capital, DCM Ventures China Turbo Fund, L.P. and DCM Ventures China Turbo Affiliates Fund, L.P., both affiliates of DCM V, L.P., Ctrip Investment Holding Ltd., a subsidiary of Ctrip.com International, Ltd., Esta Investments Pte Ltd, an affiliate of Temasek Holdings and Sequoia Capital 2010 CV Holdco, Ltd, an affiliate of Sequoia Capital, pursuant to which we sold a total of 93,750,000 newly issued Class A ordinary shares for US 500 million. The Company entered into a share subscription agreement with HNA Tourism Group, or HNA Tourism, pursuant to which an affiliate of HNA Tourism purchased 90,909,091 newly issued Class A ordinary shares from us for US 500 million in January 2016.
Headquarters
Tuniu Building, No.699-32, Xuanwudadao, Xuanwu District
Nanjing; Jiangsu;
Postal Code: 210042
Contact Details: Purchase the Tuniu Corp. report to view the information.
Website: http://ir.tuniu.com
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