$TRIP.COM-S(09961)$ People think Chinese tech can’t go global，but look at Trip.com Group. While dominating the domestic travel scene, they’re quietly challenging global giants like $Booking Holdings(BKNG)$ $Expedia(EXPE)$ $Airbnb, Inc.(ABNB)$. With Trip.com and Skyscanner leading the charge, they’ve already carved out strong positions in Asia and beyond. Trip.com’s monthly active users have tripled since 2019, now ranking in the top 10 travel apps in multiple countries.
In Q4 2024, international business made up 14% of total revenue，and it’s still growing. This isn’t just about booking flights，It’s about a Chinese company going global and actually competing. I’m not just buying into a stock， I’m betting on a long-term globalization story.
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