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LoginTuniu Travel Network (NASDAQ:TOUR) announced,From February 9, 2021,Liu Jiangtao was appointed as a director of the company’s board of directors。As CEO of Caesars Group、Chairman of Caesars Travel,Mr. Liu Jiangtao will also serve as a member of the remuneration committee of Tuniu Travel Network。
Displayed in announcement,Liu Jiangtao’s appointment is related to the transactions planned under the share acquisition agreement reached by JD.com and Caesars Group in November 2020。
November last year,Hopeful Tourism Limited, a subsidiary of Caesars Group, and JD Investment 188bet sports betting app download HK, a subsidiary of JD.com, JD Investment BVI completes Tuniu 78,061,Delivery of 780 Class A common shares。After completion of this delivery,Caesar’s total shareholding ratio in Tuniu reaches 21.1%,Became the second largest shareholder of Tuniu,And Hopeful Tourism Limited can appoint a director to Tuniu’s board of directors。
According to previous public information,Caesar and Tuniu will integrate tourism resources and collaborate on business、Comprehensive cooperation in innovative business and financial business。Tuniu is good at online and domestic markets,Caesar’s advantage lies in offline and overseas markets,Caesar Group invests in Tuniu,It will also encourage both parties to give full play to their advantages,Integrate resources and develop。
Caesar once said,In the future, it will be transferred to JD.com、High-quality industrial resources from Caesars and Tuniu,Ensure that the group realizes its 188bet app strategic planning in the industrial ecological chain through various methods,To achieve more stable, efficient and high-quality development。
With the appointment of Liu Jiangtao as the new director of Tuniu Travel Network,Strategic cooperation between Caesars and Tuniu,Maybe there will be greater imagination。
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