TCOM Trip.com Group Ltd. Sponsored ADR

Trip.com Group’s LIVE for Trip livestream marathon generates USD 56 million in GMV

Trip.com Group’s LIVE for Trip livestream marathon generates USD 56 million in GMV

SINGAPORE, Oct. 29, 2020 (GLOBE NEWSWIRE) -- From 10 October, leading online travel services provider, Trip.com Group has held the “LIVE for Trip” campaign as a part of its to bolster the recovery of the global travel industry and coincide with the company’s 21st anniversary.

On 28 October, Trip.com Group’s 21st anniversary, the LIVE for Trip series featured a marathon livestreaming event. James Liang, Trip.com Group chairman and co-founder, hosted a special four-hour BOSS Live program to round off the day’s celebrations, whilst leading industry representatives and presenters led the marathon broadcast throughout the day.

The livestream marathon and BOSS Live show on 28 October generated a cumulative transaction volume of more than USD 56 million and attracted a total audience of over 19.4 million viewers. As of 28 October, Trip.com Group livestream programming, including BOSS Live and regional livestreams, has created a total of around USD 360 million in GMV, with a total audience of more than 150 million global viewers.

Broadcasts during this campaign feature over 2,500 travel products, from hotels, flights and vacation packages to tourist attraction tickets and more. LIVE for Trip has over USD 150 million in travel discounts and subsidies available for customers and partners to enjoy and utilize across Trip.com Group platforms.

From 23 March to 28 October, Trip.com Group’s livestream series have generated more than USD 360 million in GMV and received more than 150 million global views. Trip.com Group platforms have made steady progress in domestic travel recoveries. During China’s October Golden Week holiday, Trip.com Group’s China market platforms saw transaction volumes of short-haul hotel bookings increase by almost 60% year-on-year and the overall GMV of hotels grow by 300% in the four days before the Golden Week holiday compared with this year’s May Day holiday. These are optimistic signs for travel recovery in domestic markets and, as travel restrictions are eased, provide strength to the recovery of international travel.

For the LIVE for Trip campaign, Trip.com Group has collaborated with more than 100 hotel brands, including InterContinental, Accor, Hyatt, Shimao, Shangri-La, to share this opportunity and work together to offer travelers incredible discounts. High-end hotel bookings have seen consistent increases during the travel recovery, that’s why Trip.com Group is focused on this area and working closely with partners to pursue this trend, offering customers top discounts on luxury hotels.

Livestream broadcasts have showcased destinations around the world. Travel products from Trip.com Group destination partners such as Japan, South Korea, Fiji, Queensland, Singapore, Malaysia, Thailand, Indonesia, Philippines, Myanmar, UAE, Maldives, UK, France, Germany, Italy, Switzerland, Spain, Russia, Finland, Mexico, feature in LIVE for Trip shows viewed by millions of customers.

LIVE for Trip’s success this week not only marks Trip.com Group’s 21st anniversary but also adds another milestone to the leading online travel services provider’s key role in the travel recovery. A continuation of the Travel On initiative that saw Trip.com Group invest more than USD 150 million in the travel industry, LIVE for Trip embodies the innovative channels, industry cooperation and COVID-tailored products that have helped revitalize travel.

On 29 October, Trip.com LIVE shows featuring top tourism and industry representatives will be hosted in Hong Kong, Japan and Singapore, boosting local markets. Visit Trip.com Group’s official and pages for links to upcoming Trip.com LIVE broadcasts.

About Trip.com Group:

Trip.com Group is a leading one-stop travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group enables local partners and travelers around the world to make informed and cost-effective bookings for travel products and services, through the aggregation of comprehensive travel-related information and resources, and an advanced transaction platform consisting of mobile apps, websites and 24/7 customer service centers. Founded in 1999 and listed on NASDAQ in 2003, Trip.com Group has become one of the best-known travel brands in the world, with the mission of 'making every trip the perfect trip'.

A photo accompanying this announcement is available at  

For additional information, visit Trip.com Group Newsroom 
Media Relations Contact:
Trip.com Group PR 
  
Tel: (+86) 21 3406 4880 ext 196455
EN
29/10/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Trip.com Group Ltd. Sponsored ADR

Jin Yoon
  • Jin Yoon

TCOM 4Q25 Preview: Outlook Remains Intact

What’s New: We maintain our 4Q25 estimates as overall business could remain largely intact. Domestic travel volume and consumption continue to trend well during the Calendar New Year holiday which could bode well for the rest of 2026. Analysts: Jin Yoon

Julia Pan Mengyao ... (+2)
  • Julia Pan Mengyao
  • Ming San Soong

China Internet: 3Q25 Results Recap: Strong AI Cloud Top-line Growth; L...

China’s internet companies reported resilient 3Q25 top-line growth and continuous margin improvement in the online gaming and OTA sectors, empowered by improved AI efficiency and benign competition. Margin pressure in e-commerce due to the intense on-demand delivery competition is likely to ease in 4Q25, but could persist into 2026 given the continuous investment and tough comparison base boosted by the trade-in programme in 2025. Maintain MARKET WEIGHT. Top BUYs: Alibaba, Tencent, TCOM, TME, Ne...

Greater China Research Team ... (+2)
  • Greater China Research Team
  • Tham Mun Hon

Greater China Market Strategy: 2026 Year Ahead: Global easing continue...

Highlights  We expect global liquidity cycle to remain strong for at least 1H26, following the Fed’s return to policy easing in Sep 25, benefitting emerging market assets and commodities.  Chinese equities are likely to rally further, and our index target for MSCI China index target is at 104 pts based on 16.3x 12-month forward PE and 6% EPS growth assumption.  We prefer exposure to growth industries like AI/semiconductors, automation/robotics, ADAS and innovative drugs and liquidity proxies ...

Julia Pan Mengyao ... (+2)
  • Julia Pan Mengyao
  • Ming San Soong

Trip.com (9961 HK): 3Q25: Solid Results; International Travel Continue...

3Q25 earnings beat expectations. 3Q25 net revenue rose 15.5% yoy to Rmb18.4b, in line with consensus estimates. Non- GAAP net profit came in at Rmb19.2b in 3Q25. After stripping out the non-recurring item of a Rmb17b investment gain from MakeMyTrip, non-GAAP net profit grew 8% yoy to Rmb5.9b, beating the street’s estimates by 4%. TCOM guided for 4Q25 revenue growth of 15-20% yoy to Rmb16.7b, in line with consensus estimates. Maintain BUY with a slightly higher target price of HK$727.00 (US$94.00...

Bella Lu Yifei ... (+10)
  • Bella Lu Yifei
  • Colin Lee
  • Ejann Hiew
  • Gigi Cheuk
  • Johnny Yum Chung Man
  • Joyce Chu
  • Julia Pan Mengyao
  • Kate Luang
  • Ken Lee
  • Ming San Soong

Greater China Daily: Wednesday, November 19, 2025

Top Stories Initiate Coverage | Pony AI Inc (PONY US/BUY/US$12.18/Target: US$26.10) Pony AI is a global leader in autonomous mobility, leveraging its virtual driver technology to enable the mass production and deployment of autonomous vehicles across diverse regions. We expect revenue to grow at a three-year CAGR of 65% from 2024-27, net loss to narrow, and bottom line to turn around in 2028, driven by large-scale commercialisation. Initiate coverage with BUY and a target price of US$26.10 for ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch