Trip.com Stock Jumps as Strong Chinese Travel Trends Boost Earnings

Key TakeawaysOnline travel platform Trip.com Group reported better-than-expected profit and sales as demand for cross-border and holiday travel surged.The biggest Chinese online travel service said revenue for the latest quarter was boosted by the resilience of travel consumption in China.Trip.com's sales for accommodation reservations, transportation ticketing, package tours, and corporate travel were all higher.Its U.S.-listed shares jumped nearly 9% Tuesday after the earnings news was released. U.S.-list ...