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TOUR

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

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May 09, 2014 — 06:59 am EDT

Written by Renaissance Capital->

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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Renaissance Capital
Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products.
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