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Tuniu.com Q3 net losses at RMB433.3 mln

BEIJING
2015-11-24 15:33

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Chinese online travel agency Tuniu.com (TOUR.NASDAQ) incurred net loss of 433.3 million yuan in the third quarter of 2015, compared with a net loss of 103.4 million yuan in the same period of last year, according to the company's financial results released on Tuesday.

The company's net revenues in the first quarter of this year spiked 127.5 percent year on year to 3 billion yuan. According to the company, turnover for the third quarter of this year, which includes organized tours and self-guided tours, rose 122.2 percent year on year to 4 billion yuan. For the fourth quarter, Tuniu expected year-on-year growth of 95-100 percent in net revenues.

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