On the Record · Tuniu
Tuniu acquisitions, on the record
The businesses Tuniu bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Shanghai Tuniu International Travel Service Co., Ltd.Word for word“Nanjing Tuniu acquired 100% of the equity interests in Shanghai Tuniu International Travel Service Co., Ltd. in August 2008, Nanjing Tuniu International Travel Service Co., Ltd. in December 2008 and Beijing Tuniu International Travel Service Co., Ltd. in November 2009.” 20-F for 2023 | acquisition | August 2008 | — |
Nanjing Tuniu International Travel Service Co., Ltd.Word for word“Nanjing Tuniu acquired 100% of the equity interests in Shanghai Tuniu International Travel Service Co., Ltd. in August 2008, Nanjing Tuniu International Travel Service Co., Ltd. in December 2008 and Beijing Tuniu International Travel Service Co., Ltd. in November 2009.” 20-F for 2023 | acquisition | December 2008 | — |
Beijing Tuniu International Travel Service Co., Ltd.Word for word“Nanjing Tuniu acquired 100% of the equity interests in Shanghai Tuniu International Travel Service Co., Ltd. in August 2008, Nanjing Tuniu International Travel Service Co., Ltd. in December 2008 and Beijing Tuniu International Travel Service Co., Ltd. in November 2009.” 20-F for 2023 | acquisition | November 2009 | — |
Beijing TuniuWord for word“Tuniu (HK) Limited established another wholly owned PRC subsidiary, Tuniu (Nanjing) Information Technology Co., Ltd., in August 2011, and acquired 100% of the equity interests in Beijing Tuniu in September 2011.” 20-F for 2023 | acquisition | September 2011 | — |
controlling interests in several offline travel agencies and an online travel agencyWord for word“From 2016 to 2019, we acquired controlling interests in several offline travel agencies and an online travel agency to further expand our overseas tourism market and promote our destination service.” 20-F for 2023 | acquisition | From 2016 to 2019 | — |
controlling interests in these subsidiariesWord for word“In 2022, we disposed the controlling interests in these subsidiaries and retained non-controlling interests in the same subsidiaries after the disposals.” 20-F for 2023 | divestiture | 2022 | — |
strategic cooperation agreement with JD.com, Inc. (exclusive leisure travel channel operation right)Word for word“We further entered into a share subscription agreement with Fabulous Jade Global Limited, a subsidiary of JD.com, Inc., pursuant to which JD.com, Inc. invested US$250 million in our company, in addition to the rights and support it has contributed to the strategic partnership, as consideration for 65,625,000 newly issued Class A ordinary shares.” 20-F for 2023 | acquisition | — | US$250 million |
several offline travel agencies and an online travel agencyWord for word“From 2016 to 2019, we acquired controlling interests in several offline travel agencies and an online travel agency to further expand our overseas tourism market and promote our destination service.” 20-F for 2024 | acquisition | From 2016 to 2019 | — |
controlling interests in these subsidiaries (several offline travel agencies and an online travel agency)Word for word“In 2022, we disposed the controlling interests in these subsidiaries and retained non-controlling interests in the same subsidiaries after the disposals.” 20-F for 2024 | agreed divestiture | In 2022 | — |
controlling interests in several offline travel agencies and an online travel agencyWord for word“In 2022 and 2024, we disposed the controlling interests in these subsidiaries and retained non-controlling interests in the same subsidiaries after the disposals.” 20-F for 2025 | divestiture | In 2022 and 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $2.4 million | $1.5 million |
| 2017-12-31 | $17,000 | — |
| 2018-12-31 | $387,000 | $1.7 million |
| 2019-12-31 | $4.8 million | $10.4 million |
| 2020-12-31 | $48,000 | $0 |
| 2021-12-31 | — | $0 |
Read from Tuniu’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.