Tuniu Reports Record Q2 Profits and Revenue Growth

Tuniu (TOUR) has released an update.

Tuniu Corporation, a premier online leisure travel agency in China, reported a robust financial performance for Q2 2024, with a significant year-over-year revenue increase of 28.6% in their core packaged tours segment, reaching RMB89.8 million. The company achieved a notable rise in gross profit by 29.1% and a substantial growth in net income to RMB43.0 million, marking a new quarterly record since its listing. This success is attributed to strategic focus on quality and product offerings, alongside adapting to consumer behavior through enhanced new media operations.

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