无码中文字幕一Av王,91亚洲精品无码,日韩人妻有码精品专区,911亚洲精选国产青草衣衣衣

USEUROPEAFRICAASIA 中文雙語Fran?ais
Travel
Home / Travel / News

China's online travel service provider Tuniu debuts at Nasdaq

Xinhua | Updated: 2014-05-12 09:26

Tuniu Corporation, a Chinese online leisure travel company, on Friday launched initial public offering (IPO) on the Nasdaq market and raised about $72 million.

The company priced its IPO at nine dollars a share and sold 8 million shares. The stock, trading under the ticker "TOUR," closed at 10.07 dollars, 11.89 percent higher than its IPO price, and its market value reached 80.6 million dollars, according to a statement of the company.

The company, based in Nanjing, East China's Jiangsu province, said the funds raised will be mainly used to increase the number of departure locations and service centers, improve mobile services as well as research and development.

Donald Yu (Dunde Yu), co-founder and chief executive officer of Tuniu, told Xinhua that China's tourism industry features rapid growth of overseas travel, transformation from PC to mobile devices, and higher expenditure of individual trips, areas in which Tuniu has developed advantages.

Alex Yan (Haifeng Yan), co-founder and chief operations officer of the company, said Tuniu had developed a chain connecting suppliers and retailers, which has significantly increased efficiency.

Tuniu offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services. Its services cover more than 70 countries and most popular tourist attractions in China.

Although US stock market has been in corrections in recent months, an increasing number of China-based companies launched their public offerings in the market, reflecting US investors' great interests in these Chinese companies, especially in internet companies.

Cheetah Mobile, a Chinese mobile internet company, made its trading debut on the New York Stock Exchange Thursday, while China 's e-commerce giant Alibaba Group Holding Ltd also filed its IPO report in the United States late Tuesday, in hope of raising 1 billion dollars.

Before them, China's IT education provider Tarena International, privately held medical services provider iKang Healthcare Group, micro-blogging site Weibo and online-to-offline real estate services firm Leju also got listed in the US stock markets earlier this year.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US