TCOM

Trip.com Group Limited Reports Unaudited Fourth Quarter and Full Year of 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024

For the fourth quarter of 2023, Trip.com Group reported net revenue of RMB10.3 billion (US$1.5 billion), representing a 105% increase from the same period in 2022 primarily due to substantial recovery of travel market.

Key Points: 
  • For the fourth quarter of 2023, Trip.com Group reported net revenue of RMB10.3 billion (US$1.5 billion), representing a 105% increase from the same period in 2022 primarily due to substantial recovery of travel market.
  • Net revenue for the fourth quarter of 2023 decreased by 25% from the previous quarter, primarily due to seasonality.
  • Accommodation reservation revenue for the fourth quarter of 2023 decreased by 30% from the previous quarter, primarily due to seasonality.
  • Adjusted EBITDA margin was 28% for the fourth quarter of 2023, compared to 6% for the same period in 2022 and 34% for the previous quarter.

Trip.com Group Limited to Report Fourth Quarter and Full Year of 2023 Financial Results on February 21, 2024 U.S. Time

Retrieved on: 
Thursday, February 8, 2024

SHANGHAI, Feb. 8, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its fourth quarter and full year of 2023 results on Wednesday, February 21, 2024, U.S. Time, after the market closes.

Key Points: 
  • SHANGHAI, Feb. 8, 2024 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its fourth quarter and full year of 2023 results on Wednesday, February 21, 2024, U.S. Time, after the market closes.
  • Trip.com Group's management team will host a conference call at 7:00 PM U.S. Eastern Time on February 21, 2024 (or 8:00 AM on February 22, 2024 in the Shanghai/Hong Kong Time) following the announcement.
  • The conference call will be available on Webcast live and replay at: http://investors.trip.com .
  • All participants must pre-register to join this conference call using the Participant Registration link below:

Trip.com Group Selects AWS as Its Strategic Cloud Provider to Enhance the Global Travel Experience

Retrieved on: 
Thursday, November 30, 2023

At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Trip.com Group (NASDAQ: TCOM), an international one-stop travel service provider, has selected AWS as its strategic cloud provider to enhance the travel experience for hundreds of millions of travelers.

Key Points: 
  • At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced that Trip.com Group (NASDAQ: TCOM), an international one-stop travel service provider, has selected AWS as its strategic cloud provider to enhance the travel experience for hundreds of millions of travelers.
  • Earlier this year, Trip.com Group established a joint innovation lab with AWS that provides resources to help AWS and Trip.com Group experts develop next-generation applications using generative artificial intelligence (generative AI) and large language models (LLMs).
  • Trip.com Group uses AWS Graviton-powered Amazon Elastic Compute Cloud (Amazon EC2) instances, powered by custom-built AWS Graviton processors , to deliver high performance at a lower price for training LLMs.
  • In July, Trip.com Group unveiled its vertical LLM designed to offer increased accessibility, richer customer experiences, and reliable and personalized travel recommendations.

Trip.com Group Limited Reports Unaudited Third Quarter of 2023 Financial Results

Retrieved on: 
Wednesday, November 22, 2023

SHANGHAI, Nov. 22, 2023 /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 third quarter of 2023.

Key Points: 
  • SHANGHAI, Nov. 22, 2023 /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 third quarter of 2023.
  • "Throughout the third quarter of 2023, both domestic and international travel experienced a remarkable rebound, thanks to the robust summer travel demands.
  • Net revenue for the third quarter of 2023 increased by 22% from the previous quarter, primarily due to seasonality.
  • Accommodation reservation revenue for the third quarter of 2023 increased by 30% from the previous quarter, primarily due to seasonality.

Trip.com Group Limited Reports Unaudited Third Quarter of 2023 Financial Results

Retrieved on: 
Monday, November 20, 2023

SHANGHAI, Nov. 20, 2023 /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 third quarter of 2023.

Key Points: 
  • SHANGHAI, Nov. 20, 2023 /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 third quarter of 2023.
  • "Throughout the third quarter of 2023, both domestic and international travel experienced a remarkable rebound, thanks to the robust summer travel demands.
  • Net revenue for the third quarter of 2023 increased by 22% from the previous quarter, primarily due to seasonality.
  • Accommodation reservation revenue for the third quarter of 2023 increased by 30% from the previous quarter, primarily due to seasonality.

Trip.com Group Limited to Report Third Quarter of 2023 Financial Results on November 20, 2023 U.S. Time

Retrieved on: 
Wednesday, November 8, 2023

SHANGHAI, Nov. 8, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its financial results for the three months ended September 30, 2023 on Monday, November 20, 2023, U.S. Time.

Key Points: 
  • SHANGHAI, Nov. 8, 2023 /PRNewswire/ -- Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, will announce its financial results for the three months ended September 30, 2023 on Monday, November 20, 2023, U.S. Time.
  • Trip.com Group's management team will host a conference call at 7:00 PM U.S. Eastern Time on November 20, 2023 (or 8:00 AM on November 21, 2023 in the Shanghai/Hong Kong Time) following the announcement.
  • The conference call will be available on Webcast live and replay at: http://investors.trip.com .
  • All participants must pre-register to join this conference call using the Participant Registration link below:

Aerostat Systems Market size to increase by USD 10.58 billion during 2022-2027| Better performance and cost benefits compared with geostationary satellites to drive the market growth- Technavio

Retrieved on: 
Friday, October 13, 2023

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- The Aerostat Systems Market size is expected to grow by USD 10.58 billion, accelerating at a CAGR of almost 15.07% during the forecast period.

Key Points: 
  • NEW YORK, Oct. 13, 2023 /PRNewswire/ -- The Aerostat Systems Market size is expected to grow by USD 10.58 billion, accelerating at a CAGR of almost 15.07% during the forecast period.
  • Better performance and cost benefits compared with geostationary satellites to drive the aerostat systems market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Aerostat Systems Market 2023 – 2027: Market Dynamics:
    Aerostat systems are gaining popularity for their persistent aerial surveillance and intelligence capabilities.

Trip.com Group Limited Reports Unaudited Second Quarter and First Half of 2023 Financial Results

Retrieved on: 
Monday, September 4, 2023

SHANGHAI, Sept. 4, 2023 /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 second quarter and first half of 2023.

Key Points: 
  • SHANGHAI, Sept. 4, 2023 /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 second quarter and first half of 2023.
  • "During the second quarter of 2023, the demand for both domestic and international travel remained resilient."
  • "We are encouraged by our solid results in the second quarter," said Jane Sun, Chief Executive Officer.
  • Adjusted EBITDA margin was 33% for the second quarter of 2023, compared to 9% for the same period in 2022 and 31% for the previous quarter.

Trip.com Group Limited to Report Second Quarter and First Half of 2023 Financial Results on September 4, 2023 U.S. Time

Retrieved on: 
Wednesday, August 23, 2023

Trip.com Group's management team will host a conference call at 8:00 PM U.S. Eastern Time on September 4, 2023 (or 8:00 AM on September 5, 2023 in the Shanghai/Hong Kong Time) following the announcement.

Key Points: 
  • Trip.com Group's management team will host a conference call at 8:00 PM U.S. Eastern Time on September 4, 2023 (or 8:00 AM on September 5, 2023 in the Shanghai/Hong Kong Time) following the announcement.
  • The conference call will be available on Webcast live and replay at: http://investors.trip.com .
  • The call will be archived for twelve months at this website.
  • All participants must pre-register to join this conference call using the Participant Registration link below:

MatrixSpace Appoints Three Star General to Advisory Board for Strategic Guidance

Retrieved on: 
Thursday, July 20, 2023

BURLINGTON, Mass., July 20, 2023 /PRNewswire/ -- MatrixSpace announces the addition of Lieutenant General (retired) Michael Barbero to its advisory board, strengthening its engagement within the defense and commercial sector. This follows the recent additions of Lieutenant General (retired) Glenn Spears, US Air Force, and Brigadier General (retired) Robert Hipwell PhD, US Army to its advisory board.  

Key Points: 
  • BURLINGTON, Mass., July 20, 2023 /PRNewswire/ -- MatrixSpace announces the addition of Lieutenant General (retired) Michael Barbero to its advisory board, strengthening its engagement within the defense and commercial sector.
  • This follows the recent additions of Lieutenant General (retired) Glenn Spears, US Air Force, and Brigadier General (retired) Robert Hipwell PhD, US Army to its advisory board.
  • General Barbero is a career Infantry leader, having served 37 years in the US Army until his retirement in 2013 as a Lieutenant General.
  • Bringing General Barbero's expertise to MatrixSpace enables us to better understand and navigate both the strategic and tactical requirements across not only the military but multiple industries.