Trip.com Group Limited American Depositary Shares (TCOM) Price and Market Data

Trip.com Group Limited American Depositary Shares (TCOM) represents China’s largest online travel agency, well positioned to benefit from growing demand for higher-margin outbound travel as passport penetration in China remains around 12%. In 2024, about 79% of the company’s revenue came from accommodation reservations and transportation ticketing, with the remainder generated by package tours and corporate travel. Before the pandemic in 2019, roughly 25% of revenue was derived from international travel, a segment that remains important for margin expansion. While most sales still come from its domestic platform, Trip.com continues to grow its overseas business. The company operates in China’s highly competitive OTA market alongside Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. Founded in 1999, Trip.com was listed on Nasdaq in December 2003.