JD.com discloses 23.3% stake in Tuniu Corporation

JD.com, Inc. and JD.com Investment Limited, collectively "Reporting Persons," have filed an Amendment No. 2 to Schedule 13D, disclosing their continued interest in Tuniu Corporation. The filing indicates that the Reporting Persons hold 78,061,780 Class A ordinary shares of Tuniu Corporation, representing approximately 23.3% of the issuer's outstanding ordinary shares. This percentage is calculated based on 335,612,696 ordinary shares of Tuniu Corporation outstanding as of September 30, 2025, including both Class A and Class B ordinary shares.

The Schedule 13D/A was filed on December 5, 2025 (U.S. Eastern Time) with the Securities and Exchange Commission. JD.com, Inc. has stated that neither the Reporting Persons nor any listed individuals have been involved in criminal proceedings or subject to civil judgments related to securities laws in the past five years.

As of the announcement date of December 8, 2025, JD.com's board of directors includes Mr. Richard Qiangdong LIU as chairman and Ms. Sandy Ran XU as executive director, among others. No immediate plans or proposals from the Reporting Persons related to Tuniu Corporation beyond the disclosed beneficial ownership have been reported.