Trip.com Group is among the world's leading online travel agencies, headquartered in China. The company offers booking services for hotels, flight tickets, and travel packages through its website and mobile app. Trip.com Group is dedicated to enabling a seamless travel experience for consumers worldwide, offering a wide range of choices and convenience in travel planning.
About Trip.com Group Limited (TCOM)
Trip.com Group Limited stands out on the global stage as a comprehensive travel platform, providing a full suite of travel products and services along with unique travel content.
Serving as the go-to destination for travelers in China and increasingly around the globe, Trip.com enables its users to explore, find inspiration, book cost-effective and well-informed travel, enjoy seamless support while on the move, and share their travel experiences.
Established in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, the company operates under various brands, including Ctrip, Qunar, Trip.com, and Skyscanner, with the mission to “pursue the perfect trip for a better world.”
Company Vision and Mission
The vision and mission of Trip.com Group Limited reflect its commitment to creating perfect journeys and enriching lives through travel. They aim to be the trusted travel companion for travelers worldwide, providing inspiration, convenience, and unforgettable experiences through comprehensive and innovative travel services.
Products and Services
Trip.com Group Limited offers a diverse range of travel products and services, from accommodation bookings and flight tickets to destination activities. With over 1.2 million global accommodation options including hotels, motels, resorts, homes, apartments, bed and breakfasts, hostels, and other properties, the company caters to various travel needs.
Its airline sector offers flights from more than 480 airlines covering over 2,600 airports in more than 200 countries and regions. Additionally, they provide over 310,000 destination activities worldwide, ensuring that travelers have ample choices to enhance their travel experiences.
With over 45,100 employees and more than 400 million members, Trip.com Group has established an extensive hotel network with over 1.4 million hotels in 200 countries and regions, and a broad flight network with over 2 million individual flight routes connecting more than 5,000 cities worldwide.
This demonstrates Trip.com Group’s global reach and commitment to providing comprehensive, high-quality travel services to meet the diverse needs and preferences of travelers.
Key Figures at Trip.com Group Limited
Trip.com Group Limited is steered by key individuals who have made significant contributions to the company’s growth and expansion in the global travel industry:
- James Jianzhang Liang, a co-founder and the Executive Chairman of the Board, plays a strategic role in navigating the company through innovation and growth. With a strong background in technology and business, James has a long-term vision for Trip.com in leveraging advanced technology to enhance customer travel experiences.
- Min Fan, also a co-founder, serves as the Vice Chairman of the Board and President. Min plays a crucial role in developing and expanding Trip.com’s service network, integrating various travel products to create a seamless experience for users.
- Jane Jie Sun, the CEO and Director, oversees the daily operations and growth strategy of Trip.com. With extensive experience in the travel industry and management, Jane leads the team to continuously innovate and provide high-quality services to millions of customers worldwide.
Stock Price Fluctuations History of Trip.com
The stock market history of Trip.com is marked by several notable price fluctuations, reflecting the various challenges and achievements faced by the company.
One of the most significant periods occurred during and after the COVID-19 pandemic, where the travel industry faced unprecedented pressures.
Like many companies in the travel sector, Trip.com experienced significant volatility in its stock price, with shares dropping sharply at the beginning of the pandemic due to global travel restrictions, but later regaining some of its value as the company adapted to new conditions and the travel industry began to gradually recover.
Key Metrics
Founded | Jun 1999 |
Headquarters | Jin Zhong Road, Shanghai, China |
Website | https://group.trip.com/ |
Number of employees | 32,202 |
Financial Summary
Item | 2022 | 2021 | 2020 |
Total Revenue | 20,04 M | 20,02 M | 18,32 M |
Cost of Revenue | 4,51 M | 4,60 M | 4,03 M |
Gross Profit | 15,53 M | 15,43 M | 14,29 M |
Operating Income | 706 Jt | -861 Jt | -822 Jt |
Operating Expense | 14,82 M | 16,29 M | 15,11 M |
Net Income | 1,40 M | -550 Jt | -3,25 M |
Item | 2022 | 2021 | 2020 |
Total Assets | 191,70 M | 191,86 M | 187,25 M |
Total Liabilities | 78,67 M | 81,40 M | 85,68 M |
Total Equity | 113,02 M | 110,46 M | 101,57 M |
Item | 2022 | 2021 | 2020 |
Operating Cash Flow | 2,64 M | 2,48 M | -3,82 M |
Investing Cash Flow | 1,14 M | -4,15 M | -3,82 M |
Financing Cash Flow | -6,72 M | 3,92 M | 6,03 M |
End Cash Position | 18,49 M | 21,20 M | 19,42 M |
in USD (Jt = million, M = billion, T = trilion)
Executives
Dr. Jianzhang Liang Ph.D. | Co-Founder & Executive Chairman |
Jie Sun | CEO & Director |
Min Fan | Co-Founder, Vice Chairman & President |
Nanpeng Shen | Co-Founder & Independent Director |
Xiaofan Wang | CFO & Executive VP |
Xiong Xing | Chief Operating Officer |
Yaming Ye | Vice President of Technology |
Michelle Qi | Senior IR Director |
Victor Tseng | Chief Communications Officer |
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