Trip.com Group Limited D
D
TCOM
46.860
USD
-0.45
(-0.95%)
Market Closed
Volume
111,209
EPS
19
Div Yield
-
P/E
7
Market Cap
29,507,986,703
Title: Trip.com Group Limited
Sector: Consumer Cyclical
Industry: Travel Services
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.