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Trip.com Group Reports Soaring Q1 2024 Profits
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Trip.com Group Reports Soaring Q1 2024 Profits

Trip.com Group Ltd. Sponsored ADR (TCOM) has released an update.

Trip.com Group Ltd. reported a strong first quarter in 2024, with a 29% increase in net revenue and robust growth across domestic and international markets. Hotel and air bookings saw significant year-over-year increases, with international bookings doubling and contributing to an 80% rise in global OTA platform revenue. The company witnessed a net income of RMB 4.3 billion, marking a substantial profit compared to the same period last year.

For further insights into TCOM stock, check out TipRanks’ Stock Analysis page.

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