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Tongcheng Travel Holdings Limited (OTC : TNGCF) Stock

MWN-AI** Summary

MWN-AI** Analysis

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.


Description


Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.


Quote


Last:$2.80
Change Percent: 0.0%
Open:$2.8
Close:$2.80
High:$2.8
Low:$2.8
Volume:200
Last Trade Date Time:10/08/2025 09:51:24 am

Stock Data


Market Cap:$6,355,733,250
Float:2,269,904,732
Insiders Ownership:N/A
Institutions:
Short Percent:N/A
Industry:Hotels, Lodging & Leisure
Sector:Consumer Discretionary
Country:CN
City:

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