Ctrip
Financials
Estimates*
| CNY | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 35.7b | 18.3b | 20.0b | 20.0b | 44.5b | 53.7b | 61.7b |
| % growth | 5 % | (49 %) | 9 % | - | 122 % | 21 % | 15 % |
| EBITDA | 10.8b | 491m | 1.1b | 4.1b | 15.2b | - | - |
| % EBITDA margin | 30 % | 3 % | 5 % | 21 % | 34 % | - | - |
| Profit | 7.0b | (3.2b) | (550m) | 1.4b | 9.9b | - | - |
| % profit margin | 20 % | (18 %) | (3 %) | 7 % | 22 % | - | - |
| R&D budget | 10.7b | 7.7b | 9.0b | 8.3b | 12.1b | - | - |
| R&D % of revenue | 30 % | 42 % | 45 % | 42 % | 27 % | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | N/A | CNY400m | Series B |
| Total Funding | €50.0m | ||
Recent News about Ctrip
EditCtrip.com, a prominent player in the online travel service industry in China, caters to a diverse clientele including individual travelers, families, and corporate clients. The company operates in the travel and tourism market, providing a comprehensive range of services such as hotel reservations, airline ticket bookings, vacation packages, and business travel management. Ctrip.com leverages its extensive network and partnerships to offer competitive rates and exclusive deals, making travel planning convenient and cost-effective for its users. The business model primarily revolves around commission-based earnings from bookings and service fees. By continuously expanding its service offerings and enhancing user experience, Ctrip.com has established itself as a trusted platform for over 90 million members.
Keywords: online travel service, hotel reservations, airline tickets, vacation packages, business travel, China, competitive rates, partnerships, user experience, commission-based.
