Tuniu Corp Q1 rev up 19.3% YoY, core tour business drives growth.

• Tuniu reports 19.3% YoY revenue growth in Q1 2025 • Revenues from core packaged tour products business increased • Company leveraged core advantages in product development and supply chain • Optimized online and offline sales channels to reach more customers • Committed to innovation through technology and industry insights • Focused on delivering convenient, efficient, and transparent travel solutions • Q1 revenue growth steady and promising for future growth.

Tuniu Corporation (NASDAQ: TOUR), a leading online leisure travel company in China, announced its unaudited financial results for the first quarter ended March 31, 2025. The company reported a 8.9% year-over-year increase in net revenues, reaching RMB117.5 million (US$16.2 million) [1]. Notably, revenues from the core packaged tour products business surged by 19.3% year-over-year, totaling RMB99.0 million (US$13.6 million) [1].

The company attributes this growth to its leveraging of core advantages in product development and supply chain, as well as the optimization of both online and offline sales channels. Tuniu remains committed to innovation through combining technology with industry insights to deliver more convenient, efficient, and transparent travel solutions for its customers.

However, the company also reported a 25.8% year-over-year decrease in other revenues, primarily due to a decline in commission fees received from other travel-related products. This resulted in a year-over-year increase in cost of revenues from RMB48.2 million (US$6.6 million) to RMB48.2 million (US$6.6 million) [1]. Consequently, gross profit decreased by 15.5% year-over-year, from RMB69.3 million (US$9.6 million) to RMB69.3 million (US$9.6 million) [1].

Operating expenses increased by 14.9% year-over-year, reaching RMB80.1 million (US$11.0 million) [1]. Research and product development expenses rose by 11.5%, while sales and marketing expenses increased by 17.3% [1]. Despite these increases, Tuniu reported a loss from operations of RMB10.8 million (US$1.5 million) [1], compared to an income from operations of RMB12.3 million in the first quarter of 2024.

For the second quarter of 2025, Tuniu expects to generate net revenues of RMB131.0 million to RMB136.8 million, representing a 12% to 17% increase year-over-year [1]. The company's share repurchase program, authorized in March 2024, has seen the repurchase of approximately 9.5 million ADSs for approximately US$9.0 million as of May 31, 2025 [1].

References:
[1] https://www.prnewswire.com/news-releases/tuniu-announces-unaudited-first-quarter-2025-financial-results-302479996.html