Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Ctrip.Com International Ltd (ADR) Continues to Grow, but the Pace Is Predictably Slowing


Ctrip.Com International Ltd (ADR) Continues to Grow, but the Pace Is Predictably Slowing

Chinese online travel agency (OTA) Ctrip.com (NASDAQ: CTRP) reported earnings Wednesday night and they showed the company continues to eat up large swaths of the growing market for travel in China. The company's forecast, however, calls for slower growth.

While that was inevitable on some level, the question now becomes: How quickly will growth slow, and how much will widening margins help make up the difference?

Image source: Getty Images

Continue reading


Source: Fool.com

Trip.com Group Ltd. ADR Stock

€45.80
1.320%
There is an upward development for Trip.com Group Ltd. ADR compared to yesterday, with an increase of €0.60 (1.320%).

Like: 0
Share

Comments