NANJING, China, May 16,
2018 /PRNewswire/ -- Tuniu Corporation (Nasdaq: TOUR)
("Tuniu" or the "Company"), a leading online leisure travel company
in China, today announced that the
Company successfully held its 2018 Spring Conference on
May 15. During the conference, Tuniu
released a range of strategic initiatives dedicated to the
enhancement of the Company's destination-based products and
services aimed at optimizing customers' experiences during their
trips.
Mr. Donald Dunde Yu, Tuniu's co-founder, Chairman and Chief
Executive Officer, said, "After a decade of developing our
foundation at departure cities across China, we have established the leading
position in China's online leisure
travel market. Now, driven by our mission of 'Making Travel
Easier', we will now focus on building a products and services
network encompassing travel destinations across the world to
complement our network of departure cities. Through our direct
procurement and local tour operators, we are able to provide more
diversified and high quality products to meet the shifting demands
of China's leisure travelers for
better and more sophisticated travel products. We believe that our
destination-based service network will improve the travel
experiences for our customers and serve as a positive example for
the whole industry."
Destination-based Service Network
Tuniu launched its first domestic local tour operator in
Xiamen, China, in 2016. By the end
of February 2018, Tuniu had 11
domestic local tour operators in total. Tuniu aims to open
approximately 20 additional local tour operators in 2018, covering
all major regional destinations throughout China. With the maturity and increased
coverage of the Company's domestic local tour operators, Tuniu will
be able to serve approximately one million trips through its local
tour operators and become one of the leading local tour operators
in China.
Tuniu also announced its "Global Partnership Plan". The Company
plans to partner with leading local tour operators at international
destinations to better serve Tuniu's customers. For these partners,
Tuniu will provide a range of services such as access to the
Company's supply chain resources, customer base, financial
assistance and technology support. Currently, the company has
successfully cooperated with three partners in Japan, Thailand and the
United States. Within the next three years, the Company
plans to increase the number of partners to 30. By combining the
Global Partnership Plan with Tuniu's own destination service team,
Tuniu will be able to develop its own international service network
and become one of the leading local tour operators at international
destinations.
Destination-based Products and Sales
Chinese travelers are becoming increasingly sophisticated in
their tastes and preferences. In order to better capture this
trend, Tuniu launched a dedicated channel for destination-based
products and services in 2018 aimed at facilitating customers with
the booking of transportation, accommodation and destination
products during their trips. The destination channel currently
covers over 1,000 destinations globally and 25 product categories
such as local car rental, local activities, and travel
photography.
Tuniu also launched a number of mini-APPs in WeChat as a
complementary service to its destination channel in order to help
customers choose their next travel destination and enhance the
cross selling of products during their trips. These mini-APPs
provide detailed and useful contents for destinations and support
direct purchases from the APPs. Tuniu's new destination channel and
mini-APPs offer customers, especially self-guided customers, with
the ability to book a full range of destination products based on
their own preferences.
About Tuniu
Tuniu (Nasdaq: TOUR) is a leading 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 tuniu.com and mobile platform. Tuniu has over
2,000,000 stock keeping units (SKUs) of packaged tours, covering
over 420 departing cities throughout China and all popular destinations worldwide.
Tuniu provides one-stop leisure travel solutions and a compelling
customer experience through its online platform and offline service
network. For more information, please visit
http://ir.tuniu.com.
Safe Harbor Statement
This press release contains forward-looking statements made
under the "safe harbor" provisions of Section 21E of the Securities
Exchange Act of 1934, as amended, and the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "confident" and similar statements. Tuniu may also
make written or oral forward-looking statements in its reports
filed with or furnished to the U.S. Securities and Exchange
Commission, in its annual report to shareholders, in press releases
and other written materials and in oral statements made by its
officers, directors or employees to fourth parties. Any statements
that are not historical facts, including statements about Tuniu's
beliefs and expectations, are forward-looking statements that
involve factors, risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking
statements. Such factors and risks include, but are not limited to
the following: Tuniu's goals and strategies; the growth of the
online leisure travel market in China; the demand for Tuniu's products and
services; its relationships with customers and travel suppliers;
the Company's ability to offer competitive travel products and
services; Tuniu's future business development, results of
operations and financial condition; competition in the online
travel industry in China; relevant
government policies and regulations relating to the Company's
structure, business and industry; and the general economic and
business condition in China and
elsewhere. Further information regarding these and other risks,
uncertainties or factors is included in the Company's filings with
the U.S. Securities and Exchange Commission. All information
provided in this press release is current as of the date of the
press release, and Tuniu does not undertake any obligation to
update such information, except as required under applicable
law.
For investor and media inquiries, please contact:
China
Mary Chen
Investor Relations Director
Tuniu Corporation
Phone: +86-25-6960-9988
E-mail: ir@tuniu.com
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SOURCE Tuniu