Tuniu Launches Product Portfolio on JD.com's Leisure Travel Channel

Tuniu Corporation (Nasdaq: TOUR) announced that it officially started operating JD.com's (Nasdaq: JD) leisure travel channel for both its website and mobile apps on August 18. "We are delighted to become the exclusive operator of JD.com's Leisure Travel Channel for the next five years. This collaboration will introduce our leading product portfolio to JD.com's extensive customer base, which will boost our traffic and enhance our new customer acquisition capabilities," said Mr. Donald Yu, Tuniu's co-founder and Chief Executive Officer. "We are looking forward to delivering the best leisure travel experience in China to even more customers and accelerating our growth. With ongoing investments in product diversification, customer service and technology, we are well-positioned to extend our leadership in China's online leisure travel industry," Mr. Yu added. In May 2015, Tuniu and JD.com entered into a strategic partnership in which JD.com became the largest shareholder of Tuniu after purchasing $350 million newly issued Class A ordinary shares. Pursuant to the investment, Tuniu will be the exclusive operator of JD.com's leisure travel channel commission free for five years and JD.com's preferred partner for hotel and See full press release