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Tuniu prices IPO at $9, the low end of the range

May 9, 2014

Tuniu, China's largest online provider of packaged tours, raised $72 million by offering 8.0 million ADSs at $9, the low end of the range of $9 to $11. Tuniu plans to list on the NASDAQ under the symbol TOUR. Tuniu initially filed confidentially on 1/27/2014. Morgan Stanley, Credit Suisse and China Renaissance acted as joint bookrunners on the deal.