How does Tuniu.com’s capital model raise funds to operate the website?

Financing through debt. According to the relevant information of Tuniu.com, it is known that Tuniu.com raises funds through debt financing. In 2019, Tuniu.com issued 400 million yuan in corporate bonds, of which 350 million yuan was used to repay early borrowings and 50 million yuan was used to supplement working capital. Tuniu Travel Network was founded in 2006 with the corporate mission of "making travel easier". On May 9, 2014, Tuniu was successfully listed on NASDAQ in the United States.