Tuniu (TOUR) has released an update.
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Tuniu Corporation, a prominent online leisure travel company in China, has received a notice from Nasdaq for not meeting the minimum bid price requirement over the past 31 business days. The company now has a 180-day period until February 3, 2025, to regain compliance by having its shares consistently reach or exceed $1.00. Despite this notice, Tuniu’s business operations remain unaffected, and the company is focused on taking necessary steps to meet Nasdaq’s requirements.
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