Trip.com Group Ltd. Sponsored ADR (TCOM) has released an update.
Trip.com Group Limited has announced a robust financial performance for the second quarter of 2024, with a 14% year-over-year increase in net revenue and net income surging to RMB 3.9 billion from RMB 648 million in the same period last year. The travel giant’s recovery has been particularly pronounced in outbound hotel and air reservations, achieving 100% of pre-COVID levels, outpacing the industry recovery rate. This positive momentum is driven by strong travel demand and the company’s focus on innovation and leveraging AI in the travel industry.
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