Core Insights - Tongcheng Travel (00780.HK) reported a revenue of 9.05 billion yuan for the first half of 2025, marking an 11.5% year-on-year increase [1] - Adjusted EBITDA for the same period reached 2.34 billion yuan, reflecting a 35.2% year-on-year growth [1] - The adjusted net profit for the first half of the year was 1.56 billion yuan [1] Business Segments - The accommodation segment generated 2.56 billion yuan in revenue, showing an 18.8% year-on-year increase [1] - The transportation segment reported a revenue of 3.88 billion yuan, up 11.6% year-on-year, with a 241% quarter-on-quarter growth in first-time airline users in Q2 [1] - Other revenues, including vacation services, totaled 2.6 billion yuan [1] Strategic Focus - In Q2, the company emphasized improving operational efficiency on its platform [1] - A series of entertainment marketing activities targeting younger users were launched [1] - Increased investment in social media platforms aimed at attracting experience-oriented young users [1]
同程旅行上半年营收超90亿元，营收净利同比双增