Tuniu Corporation (NASDAQ:TOUR) Q1 2025 Earnings Conference Call June 12, 2025 8:00 AM ET
Company Participants
Anqiang Chen – Corporate Participant
Financial Controller – Corporate Participant
Dunde Yu – Founder, Chairman & CEO
Mary Chen – Investor Relations Director
Conference Call Participants
Operator
Hello, and thank you for standing by for Tuniu’s 2025 First Quarter Earnings Conference Call. [Operator Instructions] Today’s conference is being recorded. If you have any objections, you may disconnect at this time.
I would now like to turn the meeting over to your host for today’s conference call, the Director of Investor Relations, Mary.
Mary Chen
Thank you. and welcome to our 2025 first quarter earnings conference call. Joining me on the call today are Dunde Yu, Tuniu’s Founder, Chairman and Chief Executive Officer; and Anqiang Chen, Tuniu’s Financial Controller.
For today’s agenda, management will discuss business updates, operation highlights and financial performance for the first quarter of 2025. Before we continue, I refer you to our safe harbor statement in the earnings press release, which applies to this call as we will make forward-looking statements.
Also, this call includes discussions of certain non-GAAP financial measures. Please refer to our earnings release, which contains a reconciliation of non-GAAP measures to the most directly comparable GAAP measures. Finally, please note that unless otherwise stated, all figures mentioned during this conference call are in RMB.
I would now like to turn the call over to our Founder, Chairman and Chief Executive Officer, Dunde Yu.
Dunde Yu
Thank you, Mary. Good day, everyone. Welcome to our first quarter 2025 earnings conference call.
In the first quarter, our core business maintained steady growth with revenues from packaged tours growing by 19% year-over-year. The domestic travel market demonstrated consistent growth momentum with a notable surge during this year’s spring festival. For outbound tours, despite headwinds faced
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