Trip.com Group Ltd

TCOM

Company Profile

  • Business description

    Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 79% of sales from accommodation reservations and transportation ticketing in 2024. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international travel, which is important to its margin expansion. Most of sales come from its domestic platform, but the company is expanding its overseas business. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.

  • Contact

    30 Raffles Place
    No. 29-01
    Shanghai048622
    SGP

    T: +65 31389736

    E: [email protected]

    https://www.group.trip.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Travel Services

    Fiscal Year End

    31 December 2025

    Employees

    41,073

Stocks News & Analysis

markets

Will a Biden win be good for the Asian stock market?

Reduced tariffs should be positive for sentiment but long-term challenges remain for Sino-US relations, says Morningstar regional director Iris Tan.
markets

Can China's recovery continue?

China funds and trusts have had an excellent year, and a new US President could provide a further boost if they revive US-China relations.
stocks

2 China stocks we like

Morningstar's Chelsey Tam reveals which stocks and sectors have shone—and which have underwhelmed.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,571.5040.20-0.47%
CAC 407,910.4931.93-0.40%
DAX 4024,122.4086.290.36%
Dow JONES (US)41,860.44816.80-1.91%
FTSE 1008,786.465.340.06%
HKSE23,827.78146.300.62%
NASDAQ18,872.64270.07-1.41%
Nikkei 22537,045.94253.04-0.68%
NZX 50 Index12,659.5743.53-0.34%
S&P 5005,844.6195.85-1.61%
S&P/ASX 2008,346.6040.20-0.48%
SSE Composite Index3,387.577.100.21%

Market Movers