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Chinese Shaanxi province Xi'an Yanta District Science and technology two road Yufeng Hui Nan Lu cross the southwest corner of Thailand Jinmao International Building No. 7, China

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Chinese OTA Tuniu reports 97% drop in packaged-tour revenue

2020/8/30 23:15:18
Leisure-focused Chinese online travel company Tuniu Corporation said its revenue from packaged tours declined more than 97% year-over-year in the second quarter this year. As of June 30, the company had cash and cash equivalents, restricted cash and short-term investments of USD 225.2 million. Tuniu believes that will be sufficient for the company to go through the next twelve months. The company expects net revenues to decline 80%-90% year-over-year in Q3.

EASE WORLD HOTEL

Chinese Shaanxi province Xi'an Yanta District Science and technology two road Yufeng Hui Nan Lu cross the southwest corner of Thailand Jinmao International Building No. 7, China