JD.com increases stake in Tuniu to 22.1%

JD.com, Inc. (HKEX: 9618) has increased its stake in Tuniu Corporation, a Chinese online travel agency listed on Nasdaq, to 22.1%, according to a Schedule 13D/A filing with the SEC on December 6, 2024. This represents an increase from their previously reported holding. JD.com now holds 78,061,780 Class A ordinary shares. This translates to 15.3% of the total voting power, due to the weighted voting rights structure. The filing confirms that JD.com currently has no further plans or proposals regarding additional acquisitions, divestitures, or other extraordinary corporate transactions involving Tuniu. Tuniu has 353,133,644 total ordinary shares outstanding, including 17,373,500 Class B shares, each convertible to one Class A share.