Historic High in Paying Users
Ending paying users in the third quarter reached a historic high, surpassing 250 million, demonstrating organizational agility and expanding brand influence.
Accommodation Business Growth
Accommodation business reached record highs in both daily room nights sold and quarterly revenue, with a more than 20% growth in high-quality accommodation room nights sold.
Successful Acquisition of Wanda Hotel Management
Completed the acquisition of Wanda Hotel Management, expected to accelerate growth trajectory and strengthen the hotel management business.
Increase in Annual Paying Users and ARPU
12-month annual paying users reached 253 million, an 8.8% year-over-year growth. Annual ARPU increased by 6% year-over-year to more than RMB 17.4.
Strong Financial Performance
Net revenue of RMB 5.5 billion, a 10.4% year-over-year increase; adjusted net profit of RMB 1,060 million, a 16.5% year-over-year growth with adjusted net margin expanding to 19.2%.
Expansion in International Air Ticketing
International air ticketing business accounted for around 6% of total transportation ticketing revenue, up about 2 percentage points year-over-year.
ESG Achievements
MSCI ESG rating achieved the highest level of AAA, and CSA score awarded industry mover by S&P Global.