Tuniu (TOUR) Reports Q3 Loss of $0.06, Revenues Miss
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Tuniu Announces Unaudited Third Quarter 2020 Financial Results
December 1, 2020 5:32 AM ESTNANJING, China, Dec. 1, 2020 /PRNewswire/ --Â 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, 2020.
"In the third quarter, as China's domestic travel industry further recovered, Tuniu's revenues continued to improve with declining operating expenses for the third consecutive quarter as our operating cash flow turned positive," said Mr. Donald Dunde Yu, Tuniu's founder, Chairman and Chief Executive Officer. "With our strong supply chain advantages, innovative product models and diverse customer... More
