Travel Industry

Trip.com Group reported strong 2025 results, fueled by a 60% surge in international bookings and a rebound in inbound tourism, welcoming 20 million visitors. Net revenue increased 21% year-over-year in Q4 and 17% for the full year. Strategic investments in AI and a customer-centric approach are driving growth and enhancing user experience. The company also announced board changes and is cooperating with an anti-monopoly investigation.

JD.com is aggressively entering the travel market. Offering hotels a commission-free program for up to three years has already attracted nearly 50,000 applications. Leveraging its vast user base and lifestyle market leadership, JD.com aims to capitalize on peak travel season. This move follows a successful foray into food delivery using subsidies. However, facing giants like Meituan and Ctrip, the travel sector presents a distinct, more competitive challenge.