We founded Tuniu on the core principle of making travel easier for our customers. Through our continuous dedication to our founding principle and our commitment for customer experience, we have grown into a renowned integrated travel service provider in China's leisure travel market. Go tour, go Tuniu!
NANJING, China, Dec. 22, 2014 (GLOBE NEWSWIRE) -- Tuniu Corporation (Nasdaq:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced that it has added another 15 new regional service centers, increasing the Company's penetration into China's rapidly growing lower-tier cities.
"We are pleased to have significantly expanded our regional network in 2014 by adding 60 regional service centers through the course of the year. Our nationwide network is a core element of our strategy to service the rapidly growing demand for leisure travel across China," said Mr. Alex Yan, co-founder and chief operating officer of Tuniu.
With new regional service centers in 15 additional cities [1], Tuniu now has a total of 75 service centers and 95 departure cities throughout China.
"Looking forward, we plan to expand our network to a total of more than 100 regional service centers throughout the country in 2015. In addition to forming an effective barrier to entry, the network gives Tuniu first-mover advantage in lower-tier cities, enabling us to quickly build market share and reinforce our leadership in the Chinese leisure travel market," Mr. Yan added.
Note [1]: The 15 additional regional service centers are located in Kunming, Huhehaote, Wenzhou, Tangshan, Dongguan, Anshan, Huangshi, Changde, Taizhou, Jinzhou, Linyi, Leshan, Mianyang, Zhongshan, and Xuchang.
About Tuniu
Tuniu (Nasdaq:TOUR) is a leading online leisure travel company in China that offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu has over 450,000 stock keeping units (SKUs) of packaged tours, covering over 120 counties worldwide and all the popular tourist attractions in China. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including approximately 600 tour advisors, a 24/7 call center and 75 regional service centers. For more information, please visit http://ir.tuniu.com.
Safe Harbor Statement
This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Tuniu may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Tuniu's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: Tuniu's goals and strategies; the growth of the online leisure travel market in China; the demand for its products and services; its relationships with customers and travel suppliers; its ability to offer competitive travel products and services; its future business development, results of operations and financial condition; competition in the online travel industry in China; relevant government policies and regulations relating to the corporate structure, business and industry; and the general economic and business condition in China and elsewhere. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Tuniu does not undertake any obligation to update such information, except as required under applicable law.
For more information, please contact: China Maria Xin Investor Relations Director Tuniu Corporation Phone: +86-25-8685-3178 E-mail: maria@tuniu.com Lin Zhu Brunswick Group Phone: +86-21-6039-6388 E-mail: TUNIU@brunswickgroup.com New York, USA Ella Kidron Brunswick Group Phone: +1-212-333-3810 E-mail: TUNIU@brunswickgroup.com
