This Travel One-Stop Shop Looks Undervalued

Online travel agent Ctrip CTRP reported 18.8% revenue growth in the second quarter, in line with its guidance midpoint of 18.5% but lower than Meituan’s 43% growth in the in-store, hotel, and travel segment and Tongcheng-Elong’s 21% growth. For the third quarter, the company expects revenue growth of 10%-15%, lower than the second quarter’s growth due to weak macroeconomics.

source https://finance.yahoo.com/m/750ba6a2-e390-3367-bb84-1dbef30eb361/this-travel-one-stop-shop.html?.tsrc=rss

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