Tuniu Announces Unaudited Third Quarter 2019 Financial Results
Tuniu Corporation - American Depositary Shares (TOUR)
Last tuniu corporation - american depositary shares earnings: 5/26 06:15 am
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Source: PR Newswire
NANJING, China, Nov. 19, 2019 /PRNewswire/ -- Tuniu Corporation (NASDAQ:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced its unaudited financial results for the third quarter ended September 30, 2019.Highlights for the Third Quarter of 2019Revenues from packaged tours in the third quarter of 2019 increased by 18.1% year-over-year to RMB747.1 million (US$104.5 million[1]) Non-GAAP[2] net income was RMB39.0 million (US$5.5 million) in the third quarter of 2019. Mr. Donald Dunde Yu, Tuniu's founder, Chairman and Chief Executive Officer, said, "We continue to revolve our strategies around the development of our S2B2C ecosystem. As consumer demand for higher-quality products shifts upwards in accordance with increasing purchasing power, it is crucial for Tuniu to increase our standards. Our emphasis on the continual improvement of our product, our service and our technology will be key to increasing user satisfaction rating, which in turn
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