Trip.com shares surge 9% as strong cross-border travel drives better-than-expected earnings.
Stock Earnings Results
September 3, 2024
Trip.com’s U.S.-listed shares surged nearly 9% after reporting better-than-expected earnings, driven by strong demand for cross-border and holiday travel.
The largest Chinese online travel service saw second-quarter revenue rise 14% year-over-year to RMB12.8 billion, boosted by increased sales in accommodation, transportation ticketing, package tours, and corporate travel.
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