CTRP Profile
Ctrip.com
International, Ltd. (CTRP) is a leading online travel services
provider in China. The company's platform offers a range of
travel-related services, including hotel reservations, air ticketing,
packaged tours, and corporate travel management.
Ctrip.com's
platform also includes travel guides, user reviews, and other
travel-related content to help customers make informed decisions. The
company's services are available through its website, mobile
applications, and customer service centers.
Ctrip.com was
founded in 1999 and is headquartered in Shanghai, China. The company
was performing well financially, with strong revenue and earnings
growth in recent years. The company's revenue for the fiscal year 2020
was CNY 38.3 billion (approximately $5.6 billion), representing an
increase of 49.7% compared to the previous year. Net income for the
same period was CNY 2.3 billion (approximately $337 million), an
increase of 38.3% compared to the previous year.
Ctrip.com has
a market capitalization of approximately $22 billion as of my
knowledge cutoff of September 2021, and its American Depositary Shares
(ADS) are listed on the NASDAQ stock exchange under the ticker symbol
CTRP.
The travel industry is subject to various risks,
including changes in consumer demand, geopolitical tensions, and
global economic conditions. However, Ctrip.com's strong market
position in China's rapidly growing travel industry and its track
record of strong financial performance should position it well for
continued success in
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