Trip.com
Financials
Estimates*
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 35.7b | 18.3b | 20.0b | 20.0b | 44.5b |
| % growth | - | (49 %) | 9 % | - | 122 % |
| EBITDA | 10.8b | 491m | 1.1b | 4.1b | 15.2b |
| % EBITDA margin | 30 % | 3 % | 5 % | 21 % | 34 % |
| Profit | 7.0b | (3.2b) | (550m) | 1.4b | 9.9b |
| % profit margin | 20 % | (18 %) | (3 %) | 7 % | 22 % |
| R&D budget | 10.7b | 7.7b | 9.0b | 8.3b | 12.1b |
| R&D % of revenue | 30 % | 42 % | 45 % | 42 % | 27 % |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$4.0m | Series A | ||
$15.0m | Series B | ||
$20.0m | Series C | ||
| N/A | N/A | IPO | |
N/A | Acquisition | ||
| N/A | $1.1b | IPO | |
| Total Funding | $39.0m | ||
Related Content
Recent News about Trip.com
EditTrip.com is a leading online travel agency that provides a comprehensive range of travel services including hotel bookings, flight reservations, car rentals, and attraction tickets. Serving both individual travelers and corporate clients, Trip.com operates in the global travel market, leveraging its extensive network of over 1.4 million hotels in 200 countries and regions. The company employs a business model that combines commission-based revenue from hotel bookings and service fees from flight reservations and other travel-related services. Trip.com makes money through commissions from hotel partners, service fees from flight bookings, and additional revenue from car rentals and attraction tickets. The platform also offers a rewards program to enhance customer loyalty and engagement.
Keywords: online travel agency, hotel bookings, flight reservations, car rentals, attraction tickets, global network, secure payment, rewards program, corporate clients, commission-based revenue.
