Margin Meltdown: What Tuniu's Earnings Reveal About China's Travel Industry Tuniu Corporation, one of China's leading online travel agencies, has struggled to maintain profit margins. Despite a 6.
8% year over year increase in packaged tour revenue, the company's net operating loss deepened by RMB13. 2 million to RMB6. 1 million.
This reversal raises questions about Tuniu's business model and its ability to adapt to changing market conditions. Tuniu's numbers tell a story of waning efficiency: gross profit declined 11.