Destinations Asia

Chinese Package Tour Booking Site Tuniu Raises $60 Million

Excerpt from Tech in Asia

Sep 06, 2013 8:12 am

Skift Take

Tuniu’s seven-year track record made the raise easier, and will give the site the backing it needs to take on the Ctrip booking behemoth.

— Jason Clampet

Evolving Strategies in Travel Ad Tech and Bookings

Tuniu, a travel/tours booking site based in China, has revealed today that it’s secured $60 million in series D funding. The new investment is led by Singapore’s Temasek and US-based DCM.

Rather differently from most travel e-commerce companies in China that concentrate on hotel or flight bookings, Tuniu focuses on tour packages, cruises, driving holidays, daytrips, and company outings. As Tuniu CEO Donald Yu explained to us last year: “Simply put, we don’t focus on travel, but rather tourism.”

Read the Complete Story →

Tags: , ,

Next Up

More on Skift

Behind the Economics of Travel Metasearch
5 Digital Trends We’re Tracking at Skift This Week
6 Hospitality Trends We’re Tracking at Skift This Week
How to Find the ‘Holistic Traveler’ Trapped in Your Data

We're the Moneyball of the Travel Industry

We know what's coming next in travel. Subscribe to the newsletter and get all the goodness in your inbox daily.