Visitors check information brochures at the Trip.com Group stand during an expo in Beijing. -Photo/China Daily
BEIJING, Dec 3 (China Daily/ANN): Online travel agencies posted higher revenue during the third quarter as robust travel demand helped Chinese companies weather COVID-19 related sluggishness, experts said.
Trip.com Group, China's largest online travel agency, reported net revenue of 5.5 billion yuan ($805 million) during the third quarter, down 48 percent on a yearly basis, but up 73 percent on a quarterly basis, according to its latest earnings report released on Tuesday.
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