SINGAPORE,
May 20,
2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq:
TCOM; HKEX: 9961) ("Trip.com Group" or the "Company"), a leading
one-stop travel service provider of accommodation reservation,
transportation ticketing, packaged tours, and corporate travel
management, today announced its unaudited financial results for the
first quarter of 2024.
Key Highlights for the First Quarter of
2024
- Both domestic and international businesses maintained robust
growth momentum in the first quarter of 2024
- Domestic hotel and air bookings each increased by over 20% year
over year.
- Outbound hotel and air bookings both increased by over 100%
year over year.
- Total revenue generated from the Company's global OTA
platform, Trip.com, increased by around 80% year over
year.
- The Company delivered strong results in the first quarter of
2024
- Net revenue for the first quarter increased by 29% compared to
the same period in 2023.
- Net income for the first quarter was RMB4.3 billion (US$599
million), compared to RMB3.4
billion for the same period in 2023.
- Adjusted EBITDA for the first quarter was RMB4.0 billion (US$550
million). Adjusted EBITDA margin was 33%, improved from 31%
for the same period in 2023.
"The year 2024 has begun with a significant
increase in both domestic and outbound travel demand in
China, facilitated by a more
stabilized supply and further relaxation of visa requirements,"
said James Liang, Executive Chairman. "Additionally, our
global business has experienced robust growth, driven by our
improved product offerings. We are committed to investing in
product and technology innovations to deliver a superior travel
experience to our users."
"We are delighted to see that our first quarter
results have demonstrated the resilience of the travel market and
the strong execution of our team," said Jane Sun, Chief Executive Officer. "Recognizing
the importance of creating a sustainable future, we are dedicated
to generating greater value for our stakeholders by creating more
job opportunities and contributing to the development of the travel
industry through collaboration with our partners."
First Quarter 2024 Financial Results
and Business Updates
For the first quarter of 2024, Trip.com Group
reported net revenue of RMB11.9
billion (US$1.6 billion),
representing a 29% increase from the same period in 2023. Net
revenue for the first quarter of 2024 increased by 15% from the
previous quarter, primarily due to seasonality.
Accommodation reservation revenue for the first
quarter of 2024 was RMB4.5 billion
(US$623 million), representing a 29%
increase from the same period in 2023 primarily driven by an
increase in accommodation reservations. Accommodation reservation
revenue for the first quarter of 2024 increased by 15% from the
previous quarter, primarily due to seasonality.
Transportation ticketing revenue for the first
quarter of 2024 was RMB5.0 billion
(US$692 million), representing a 20%
increase from the same period in 2023 primarily driven by an
increase in ticketing reservations. Transportation ticketing
revenue for the first quarter of 2024 increased by 22% from the
previous quarter, primarily due to seasonality.
Packaged-tour revenue for the first quarter of
2024 was RMB883 million (US$122 million), representing a 129% increase
from the same period in 2023 primarily driven by an increase in
packaged-tour reservations. Packaged-tour revenue for the first
quarter of 2024 increased by 25% from the previous quarter,
primarily due to seasonality.
Corporate travel revenue for the first quarter of
2024 was RMB511 million (US$71 million), representing a 15% increase from
the same period in 2023 primarily driven by an increase in
corporate travel reservations. Corporate travel revenue for the
first quarter of 2024 decreased by 19% from the previous quarter,
primarily due to seasonality as corporates clients generally have
relatively mild traveling activities in the first quarter in light
of the Chinese New Year holiday.
Cost of revenue for the first quarter of 2024
increased by 37% to RMB2.2 billion
(US$310 million) from the same period
in 2023 and increased by 11% from the previous quarter, which was
generally in line with the increase in net revenue. Cost of revenue
as a percentage of net revenue was 19% for the first quarter of
2024.
Product development expenses for the first
quarter of 2024 increased by 16% to RMB3.1
billion (US$431 million) from
the same period in 2023 and increased by 7% from the previous
quarter, primarily due to the increase in product development
personnel related expenses. Product development expenses as a
percentage of net revenue was 26% for the first quarter of
2024.
Sales and marketing expenses for the first
quarter of 2024 increased by 32% to RMB2.3
billion (US$320 million) from
the same period in 2023 primarily due to the increase in expenses
relating to sales and marketing promotion activities. Sales and
marketing expenses remained relatively stable compared to the
previous quarter. Sales and marketing expenses as a percentage of
net revenue was 19% for the first quarter of 2024.
General and administrative expenses for the first
quarter of 2024 increased by 4% to RMB931
million (US$129 million) from
the same period in 2023 and increased by 7% from the previous
quarter. General and administrative expenses as a percentage of net
revenue was 8% for the first quarter of 2024.
Income tax expense for the first quarter of 2024
was RMB664 million (US$92 million), compared to RMB341 million for the same period in 2023 and
RMB399 million for the previous
quarter. The change in Trip.com Group's effective tax rate was
primarily due to the combined impacts of changes in respective
profitability of its subsidiaries with different tax rates, changes
in deferred tax liabilities relating to withholding tax, certain
non-taxable income or loss resulting from the fair value changes in
equity securities investments and exchangeable senior notes
recorded in other income/(expense), and changes in valuation
allowance provided for deferred tax assets.
Net income for the first quarter of 2024 was
RMB4.3 billion (US$599 million), compared to RMB3.4 billion for the same period in 2023 and
RMB1.3 billion for the previous
quarter. Adjusted EBITDA for the first quarter of 2024 was
RMB4.0 billion (US$550 million), compared to RMB2.8 billion for the same period in 2023 and
RMB2.9 billion for the previous
quarter. Adjusted EBITDA margin was 33% for the first quarter of
2024, compared to 31% for the same period in 2023 and 28% for the
previous quarter.
Net income attributable to Trip.com Group's
shareholders for the first quarter of 2024 was RMB4.3 billion (US$597
million), compared to RMB3.4
billion for the same period in 2023 and RMB1.3 billion for the previous quarter.
Excluding share-based compensation charges, fair value changes of
equity securities investments and exchangeable senior notes
recorded in other income/(expense), and their tax effects, non-GAAP
net income attributable to Trip.com Group's shareholders for the
first quarter of 2024 was RMB4.1
billion (US$561 million),
compared to RMB2.1 billion for the
same period in 2023 and RMB2.7
billion for the previous quarter.
Diluted earnings per ordinary share and per ADS
was RMB6.38 (US$0.88) for the first quarter of 2024.
Excluding share-based compensation charges, fair value changes of
equity securities investments and exchangeable senior notes
recorded in other income/(expense), and their tax effects, non-GAAP
diluted earnings per ordinary share and per ADS was RMB6.00 (US$0.83)
for the first quarter of 2024. Each ADS currently represents one
ordinary share of the Company.
As of March 31,
2024, the balance of cash and cash equivalents, restricted
cash, short-term investment, and held to maturity time deposit and
financial products was RMB81.9
billion (US$11.3 billion).
Conference Call
Trip.com Group's management team will host a
conference call at 8:00 PM EST on
May 20, 2024 (or 8:00 AM CST on May 21,
2024) following this announcement.
The conference call will be available live on
Webcast and for replay at: https://investors.trip.com. The
call will be archived for twelve months on our website.
All participants must pre-register to join this
conference call using the Participant Registration link below:
https://register.vevent.com/register/BI081613f1346b45419466c3b6c9ce0001
Upon registration, each participant will receive
details for this conference call, including dial-in numbers and a
unique access PIN. To join the conference, please dial the number
provided, enter your PIN, and you will join the conference
instantly.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "may," "will," "expect," "anticipate,"
"future," "intend," "plan," "believe," "estimate," "is/are likely
to," "confident," or other similar statements. Among other things,
quotations from management in this press release, as well as
Trip.com Group's strategic and operational plans, contain
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of important factors
could cause actual results to differ materially from those
contained in any forward-looking statement. Potential risks and
uncertainties include, but are not limited to, severe or prolonged
downturn in the global or Chinese economy, general declines or
disruptions in the travel industry, volatility in the trading price
of Trip.com Group's ADSs or shares, Trip.com Group's reliance on
its relationships and contractual arrangements with travel
suppliers and strategic alliances, failure to compete against new
and existing competitors, failure to successfully manage current
growth and potential future growth, risks associated with any
strategic investments or acquisitions, seasonality in the travel
industry in the relevant jurisdictions where Trip.com Group
operates, failure to successfully develop Trip.com Group's existing
or future business lines, damage to or failure of Trip.com Group's
infrastructure and technology, loss of services of Trip.com Group's
key executives, adverse changes in economic and business conditions
in the relevant jurisdictions where Trip.com Group operates, any
regulatory developments in laws, regulations, rules, policies or
guidelines applicable to Trip.com Group and other risks outlined in
Trip.com Group's filings with the U.S. Securities and Exchange
Commission or the Stock Exchange of Hong Kong Limited. All
information provided in this press release and in the attachments
is as of the date of the issuance, and Trip.com Group does not
undertake any obligation to update any forward-looking statement,
except as required under applicable law.
About Non-GAAP Financial Measures
To supplement Trip.com Group's consolidated
financial statements, which are prepared and presented in
accordance with United States Generally Accepted Accounting
Principles ("GAAP"), Trip.com Group uses non-GAAP financial
information related to adjusted net income attributable to Trip.com
Group Limited, adjusted EBITDA, adjusted EBITDA margin, and
adjusted diluted earnings per ordinary share and per ADS, each of
which is adjusted from the most comparable GAAP result to exclude
the share-based compensation charges that are not tax deductible,
fair value changes of equity securities investments and
exchangeable senior notes recorded in other income/(expense), net
of tax, and other applicable items. Trip.com Group's management
believes the non-GAAP financial measures facilitate better
understanding of operating results from quarter to quarter and
provide management with a better capability to plan and forecast
future periods.
Non-GAAP information is not prepared in
accordance with GAAP, does not have a standardized meaning under
GAAP, and may be different from non-GAAP methods of accounting and
reporting used by other companies. The presentation of this
additional information should not be considered a substitute for
GAAP results. A limitation of using non-GAAP financial measures is
that non-GAAP measures exclude share-based compensation charges,
fair value changes of equity securities investments and
exchangeable senior notes recorded in other income/(expense), and
their tax effects that have been and will continue to be
significant recurring expenses in Trip.com Group's business for the
foreseeable future.
Reconciliations of Trip.com Group's non-GAAP
financial data to the most comparable GAAP data included in the
consolidated statement of operations are included at the end of
this press release.
About Trip.com Group Limited
Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961)
is a leading global one-stop travel platform, integrating a
comprehensive suite of travel products and services and
differentiated travel content. It is the go-to destination for
travelers in China, and
increasingly for travelers around the world, to explore travel, get
inspired, make informed and cost-effective travel bookings, enjoy
hassle-free on-the-go support, and share travel experience. Founded
in 1999 and listed on Nasdaq in 2003 and HKEX in 2021, the Company
currently operates under a portfolio of brands, including Ctrip,
Qunar, Trip.com, and Skyscanner, with the mission "to pursue the
perfect trip for a better world."
For further information, please
contact:
Investor Relations
Trip.com Group Limited
Tel: +86 (21) 3406-4880 X 12229
Email: iremail@trip.com
Trip.com Group
Limited
|
|
|
|
|
|
|
|
Unaudited
Consolidated Balance Sheets
|
|
|
|
|
|
|
|
(In millions, except
share and per share data)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December
31, 2023
|
|
March
31, 2024
|
|
March
31, 2024
|
|
|
RMB
(million)
|
RMB
(million)
|
USD
(million)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASSETS
|
|
|
|
|
|
|
|
|
Current
assets:
|
|
|
|
|
|
|
|
|
Cash, cash equivalents
and restricted cash
|
|
43,983
|
|
44,773
|
|
6,201
|
|
|
Short-term
investments
|
|
17,748
|
|
25,507
|
|
3,533
|
|
|
Accounts receivable,
net
|
|
11,410
|
|
12,251
|
|
1,697
|
|
|
Prepayments and other
current assets
|
|
15,591
|
|
17,496
|
|
2,423
|
|
|
|
|
|
|
|
|
|
|
|
Total current
assets
|
|
88,732
|
|
100,027
|
|
13,854
|
|
|
|
|
|
|
|
|
|
|
|
Property, equipment and
software
|
|
5,142
|
|
5,103
|
|
707
|
|
|
Intangible assets and
land use rights
|
|
12,644
|
|
12,596
|
|
1,745
|
|
|
Right-of-use
asset
|
|
641
|
|
627
|
|
87
|
|
|
Investments (Includes
held to maturity time deposit and
financial products of RMB15,530 million and RMB11,628
million as of December 31,2023 and March 31, 2024,
respectively)
|
|
49,342
|
|
47,672
|
|
6,602
|
|
|
Goodwill
|
|
59,372
|
|
59,377
|
|
8,224
|
|
|
Other long-term
assets
|
|
688
|
|
623
|
|
86
|
|
|
Deferred tax
asset
|
|
2,576
|
|
2,481
|
|
344
|
|
|
|
|
|
|
|
|
|
|
|
Total
assets
|
|
219,137
|
|
228,506
|
|
31,649
|
|
|
|
|
|
|
|
|
|
|
|
LIABILITIES
|
|
|
|
|
|
|
|
|
Current
liabilities:
|
|
|
|
|
|
|
|
|
Short-term debt and
current portion of long-term debt
|
|
25,857
|
|
38,627
|
|
5,350
|
|
|
Accounts
payable
|
|
16,459
|
|
17,736
|
|
2,456
|
|
|
Advances from
customers
|
|
13,380
|
|
13,928
|
|
1,929
|
|
|
Other current
liabilities
|
|
16,715
|
|
16,516
|
|
2,288
|
|
|
Total current
liabilities
|
|
72,411
|
|
86,807
|
|
12,023
|
|
|
|
|
|
|
|
|
|
|
|
Deferred tax
liability
|
|
3,825
|
|
3,608
|
|
500
|
|
|
Long-term
debt
|
|
19,099
|
|
8,688
|
|
1,203
|
|
|
Long-term lease
liability
|
|
477
|
|
468
|
|
65
|
|
|
Other long-term
liabilities
|
|
319
|
|
326
|
|
45
|
|
|
|
|
|
|
|
|
|
|
|
Total
liabilities
|
|
96,131
|
|
99,897
|
|
13,836
|
|
|
|
|
|
|
|
|
|
|
|
SHAREHOLDERS'
EQUITY
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Trip.com Group
Limited shareholders' equity
|
|
122,184
|
|
127,774
|
|
17,697
|
|
|
|
|
|
|
|
|
|
|
|
Non-controlling
interests
|
|
822
|
|
835
|
|
116
|
|
|
|
|
|
|
|
|
|
|
|
Total shareholders'
equity
|
|
123,006
|
|
128,609
|
|
17,813
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities
and shareholders' equity
|
|
219,137
|
|
228,506
|
|
31,649
|
|
|
|
|
|
|
|
|
|
|
Trip.com Group
Limited
|
|
|
|
|
|
|
|
|
Unaudited
Consolidated Statements of Income
|
|
|
|
|
|
|
(In millions, except
share and per share data)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Quarter
ended
|
|
Quarter
ended
|
|
Quarter
ended
|
|
Quarter
ended
|
|
March
31, 2023
|
|
December
31, 2023
|
|
March
31, 2024
|
|
March
31, 2024
|
|
RMB
(million)
|
|
RMB
(million)
|
|
RMB
(million)
|
|
USD
(million)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Revenue:
|
|
|
|
|
|
|
|
|
|
Accommodation
reservation
|
|
3,480
|
|
3,903
|
|
4,496
|
|
623
|
|
Transportation
ticketing
|
|
4,156
|
|
4,106
|
|
5,000
|
|
692
|
|
Packaged-tour
|
|
386
|
|
704
|
|
883
|
|
122
|
|
Corporate
travel
|
|
445
|
|
634
|
|
511
|
|
71
|
|
Others
|
|
744
|
|
991
|
|
1,031
|
|
143
|
|
|
|
|
|
|
|
|
|
|
|
Total
revenue
|
|
9,211
|
|
10,338
|
|
11,921
|
|
1,651
|
|
|
|
|
|
|
|
|
|
|
|
Less: Sales tax and
surcharges
|
|
(13)
|
|
(13)
|
|
(16)
|
|
(2)
|
|
|
|
|
|
|
|
|
|
|
|
Net
revenue
|
|
9,198
|
|
10,325
|
|
11,905
|
|
1,649
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenue
|
|
(1,637)
|
|
(2,010)
|
|
(2,238)
|
|
(310)
|
|
|
|
|
|
|
|
|
|
|
|
Gross
profit
|
|
7,561
|
|
8,315
|
|
9,667
|
|
1,339
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses:
|
|
|
|
|
|
|
|
|
|
Product development
*
|
|
(2,674)
|
|
(2,916)
|
|
(3,109)
|
|
(431)
|
|
Sales and marketing
*
|
|
(1,755)
|
|
(2,333)
|
|
(2,312)
|
|
(320)
|
|
General and
administrative *
|
|
(891)
|
|
(869)
|
|
(931)
|
|
(129)
|
|
|
|
|
|
|
|
|
|
|
|
Total operating
expenses
|
|
(5,320)
|
|
(6,118)
|
|
(6,352)
|
|
(880)
|
|
|
|
|
|
|
|
|
|
|
|
Income from
operations
|
|
2,241
|
|
2,197
|
|
3,315
|
|
459
|
|
|
|
|
|
|
|
|
|
|
|
Interest
income
|
|
441
|
|
593
|
|
592
|
|
82
|
|
Interest
expense
|
|
(486)
|
|
(497)
|
|
(499)
|
|
(69)
|
|
Other
income/(expense)
|
|
1,652
|
|
(903)
|
|
759
|
|
105
|
|
|
|
|
|
|
|
|
|
|
|
Income before income
tax
expense and equity in
(loss)/income of affiliates
|
|
3,848
|
|
1,390
|
|
4,167
|
|
577
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
|
(341)
|
|
(399)
|
|
(664)
|
|
(92)
|
|
Equity in (loss)/gain
of affiliates
|
|
(133)
|
|
351
|
|
822
|
|
114
|
|
|
|
|
|
|
|
|
|
|
|
Net
income
|
|
3,374
|
|
1,342
|
|
4,325
|
|
599
|
|
|
|
|
|
|
|
|
|
|
|
Net loss/(income)
attributable to
non-controlling interests
|
|
1
|
|
(45)
|
|
(13)
|
|
(2)
|
|
|
|
|
|
|
|
|
|
|
|
Net income
attributable to Trip.com
Group Limited
|
|
3,375
|
|
1,297
|
|
4,312
|
|
597
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per ordinary
share
|
|
|
|
|
|
|
|
|
|
- Basic
|
|
5.18
|
|
1.99
|
|
6.62
|
|
0.92
|
|
- Diluted
|
|
5.02
|
|
1.94
|
|
6.38
|
|
0.88
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per
ADS
|
|
|
|
|
|
|
|
|
|
- Basic
|
|
5.18
|
|
1.99
|
|
6.62
|
|
0.92
|
|
- Diluted
|
|
5.02
|
|
1.94
|
|
6.38
|
|
0.88
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average
ordinary shares outstanding
|
|
|
|
|
|
|
|
|
|
- Basic
|
|
651,849,468
|
|
652,033,082
|
|
651,349,707
|
|
651,349,707
|
|
- Diluted
|
|
672,743,729
|
|
668,332,395
|
|
675,933,592
|
|
675,933,592
|
|
|
|
|
|
|
|
|
|
|
|
* Share-based
compensation included in Operating expenses above is as
follows:
|
|
|
|
|
|
Product
development
|
|
179
|
|
215
|
|
214
|
|
30
|
|
Sales and
marketing
|
|
31
|
|
39
|
|
38
|
|
5
|
|
General and
administrative
|
|
168
|
|
196
|
|
198
|
|
27
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trip.com Group
Limited
|
|
|
|
|
|
|
|
|
Unaudited
Reconciliation of GAAP and Non-GAAP Results
|
|
|
|
|
|
|
|
|
(In millions, except
%, share and per share data)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Quarter
ended
|
|
Quarter
ended
|
|
Quarter
ended
|
|
Quarter
ended
|
|
March
31, 2023
|
|
December
31, 2023
|
|
March
31, 2024
|
|
March
31, 2024
|
|
RMB
(million)
|
|
RMB
(million)
|
|
RMB
(million)
|
|
USD
(million)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
income
|
|
3,374
|
|
1,342
|
|
4,325
|
|
599
|
|
Less: Interest
income
|
|
(441)
|
|
(593)
|
|
(592)
|
|
(82)
|
|
Add: Interest
expense
|
|
486
|
|
497
|
|
499
|
|
69
|
|
Add: Other
(income)/expense
|
|
(1,652)
|
|
903
|
|
(759)
|
|
(105)
|
|
Add: Income tax
expense
|
|
341
|
|
399
|
|
664
|
|
92
|
|
Add: Equity in
loss/(income) of affiliates
|
|
133
|
|
(351)
|
|
(822)
|
|
(114)
|
|
Income from
operations
|
|
2,241
|
|
2,197
|
|
3,315
|
|
459
|
|
Add: Share-based
compensation
|
|
378
|
|
450
|
|
450
|
|
62
|
|
Add: Depreciation and
amortization
|
|
201
|
|
208
|
|
209
|
|
29
|
|
Adjusted
EBITDA
|
|
2,820
|
|
2,855
|
|
3,974
|
|
550
|
|
Adjusted EBITDA
margin
|
|
31 %
|
|
28 %
|
|
33 %
|
|
33 %
|
|
|
|
|
|
|
|
|
|
|
|
Net income
attributable to Trip.com Group Limited
|
|
3,375
|
|
1,297
|
|
4,312
|
|
597
|
|
Add: Share-based
compensation
|
|
378
|
|
450
|
|
450
|
|
62
|
|
Add: (Gain)/loss from
fair value changes of equity securities
investments and exchangeable senior notes
|
|
(1,648)
|
|
989
|
|
(679)
|
|
(94)
|
|
Add: Tax effects on
fair value changes of equity securities
investments and exchangeable senior notes
|
|
(40)
|
|
(61)
|
|
(28)
|
|
(4)
|
|
Non-GAAP net income
attributable to Trip.com Group Limited
|
|
2,065
|
|
2,675
|
|
4,055
|
|
561
|
|
Weighted average
ordinary shares outstanding-
Diluted-non GAAP
|
|
672,743,729
|
|
668,332,395
|
|
675,933,592
|
|
675,933,592
|
|
Non-GAAP Diluted income
per share
|
|
3.07
|
|
4.00
|
|
6.00
|
|
0.83
|
|
Non-GAAP Diluted income
per ADS
|
|
3.07
|
|
4.00
|
|
6.00
|
|
0.83
|
|
|
|
|
|
|
|
|
|
|
|
Notes for all the
condensed consolidated financial schedules presented:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Note 1: The
translations of Renminbi (RMB) into U.S. dollars (USD) are based on
the certified exchange rate of USD1.00=RMB7.2203 on March 29, 2024
published by the Federal Reserve Board.
|
|
|
|
|
|
|
|
|
|
|
|
|
View original
content:https://www.prnewswire.com/news-releases/tripcom-group-limited-reports-unaudited-first-quarter-of-2024-financial-results-302150007.html
SOURCE Trip.com Group Limited