Trip.com Group (TCOM)

• Market cap: $29.8B
• 1 day: 1.98%
• 5 days: -0.15%
• 1 month: -4.47%
• 3 months: -9.3%
• 6 months: -33.62%
• Year to date: -36.38%
• 1 year: -21.6%
• 5 years: 27.8%
• 10 years: 20.74%
• 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: 43,574