Trip.com Group
Coverage of Trip.com Group in the Nexus archive.
- China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation
Trip.com cofounder James Liang warns that China's record-low birth rate of 5.63 per 1,000 people in 2023 threatens innovation, as declining populations reduce the talent pool for technological advancement. He highlights East Asia's demographic crisis, with Japan, South Korea, and others nearing 'super-aged' status, and notes global fertility rates below replacement levels in two-thirds of countries.
- China’s Trip.com faces revenue slowdown, warns of ‘significant fine’ from antitrust probe
Trip.com Group, China’s largest online travel agency, expects second-quarter revenue growth to be the slowest in over three years and warns of a significant fine from an antitrust probe by the country’s top market regulator. First-quarter revenue rose 17% to 16.2 billion yuan, but second-quarter growth is forecast at 3-8%, with a profit decline in the March quarter.