Trip.com Group Ltd
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
SGPT: +65 31389736
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Travel Services
Fiscal Year End
31 December 2026
Employees
41,073
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
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| DAX 40 | 24,066.70 | 22.48 | 0.09% |
| Dow JONES (US) | 48,463.72 | 72.27 | -0.15% |
| FTSE 100 | 10,559.58 | 49.48 | -0.47% |
| HKSE | 25,947.32 | 75.00 | 0.29% |
| NASDAQ | 24,016.02 | 376.94 | 1.59% |
| Nikkei 225 | 59,123.19 | 988.95 | 1.70% |
| NZX 50 Index | 13,090.30 | 13.72 | 0.10% |
| S&P 500 | 7,022.95 | 55.57 | 0.80% |
| S&P/ASX 200 | 8,973.00 | 44.20 | -0.49% |
| SSE Composite Index | 4,027.21 | 0.00 | -0.00% |