Trip.com Group (TCOM)

• Market cap: $46.3B
• 1 day: -0.7%
• 5 days: 0.98%
• 1 month: 0%
• 3 months: -7.43%
• 6 months: 17.27%
• Year to date: 9.45%
• 1 year: -2.3%
• 5 years: 101.74%
• 10 years: 42.26%
• Sector: Consumer Discretionary
• Industry: Travel Services

About: 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.

Employees: 41,073