The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
The deal will improve the company’s transport capacity by 2.12 percent.
The company further strengthened cost-control measures and continued to optimize internal management system.
The company opened its first LEGOLAND theme park in the country, with at least one more to follow in Shanghai.
The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.
Trip.com Group has witnessed average spending on domestic package tours rising notably year-over-year in Q4, plus it has identified new growth drivers beyond COVID.
Short-haul and local travel has become a key contributor to Trip.com Group's recovery.
Product development expenses accounted for 42% of net revenue in 2020.
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