TOUR News & Events

Tuniu trading halted, news pending

Tuniu announced that it has received written notification from the staff of the Listing Qualifications Department of Nasdaq, indicating that for the last 30 consecutive business days, the closing bid price for the company's American depositary shares was below the minimum bid price of $1.00 per share requirement set forth in Nasdaq Listing Rule 5450. The Nasdaq notification letter has no current effect on the listing or trading of the company's securities on the Nasdaq Global Market.

Reports Q4 revenue $14.07M. "2024 was a year of significant achievements for Tuniu." said Mr. Donald Dunde Yu, Tuniu's founder, chairman and CEO. "On the product side, we strengthened our supply chain and introduced more new products and product lines. In terms of sales, we embraced new media channels and adopted an open approach, collaborating with both online and offline partners to explore new scenarios and opportunities. On the financial side, we achieved our first full-year GAAP profit since our listing on Nasdaq, while non-GAAP net income reached a record high. In 2025, we will continue to focus on innovation and high-quality development."