Tongcheng Travel Holdings Ltd

Company Profile

• Business description

  Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 84% of its revenue from accommodation reservations and transportation ticketing in 2023. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers and travel kiosks. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

• Contact

  No. 66 Yunhui Road
  Tongcheng Travel Mansion
  Suzhou Industrial Park
  Jiangsu
  CHN

  T: +86 51281669418

  https://www.tongchengir.com

• Sector

  Consumer Cyclical

  Stock type

  Cyclical

• Industry

  Travel Services

  Fiscal Year End

  31 December 2026

  Employees

  11,249