Question · Q3 2025
Emma Liu asked about the revenue proportions between domestic and outbound tours for the third quarter and requested an elaboration on travel performance during the recent National Day holiday, including the company's profitability outlook for the fourth quarter.
Answer
Chairman and CEO Donald Dunde Yu stated that domestic tours comprised approximately two-thirds of total GMV in Q3, with outbound tours making up one-third, consistent with the prior quarter. He detailed double-digit GMV and trip growth during the National Day holiday, noting a five-fold increase in self-drive tours and a nearly 50% GMV increase from APAC regions for outbound travel. For Q4, Tuniu forecasts an 8-13% year-over-year net revenue increase and aims for non-GAAP break-even profitability.
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