By Sabela OjeaTrip.com Group said revenue surged in the latest quarter, driven by a recovery in the domestic and international travel industry amid increasing travel bookings. The Shanghai-based travel service provider said revenue jumped 99% to $1.9 billion in the third quarter. Total bookings on the company's global online travel agents platform have more than doubled both year over year and compared to pre-Covid-19 levels, Trip.com said. "Looking ahead, we will continue our efforts in expanding our global presence and cultivating AI-related initiatives, laying the foundation for continued growth of our company," Executive Chairman James Liang said. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix(END) Dow Jones Newswires11-20-23 1749ET

Source: Wall Street Journal November 20, 2023 22:50 UTC