Trip.com is benefitting this year from economic recovery in China. First-quarter revenue fell 13% from a year earlier to $628 million amid a decline in cross-border travel. Shareholders benefitting from the recovery in prices include Baidu, which owns about 11% of Trip.com. Trip.com’s CEO is Jane Sun, a repeat member of an annual list of China’s most successful businesswomen published annually by Forbes China, the Chinese-language edition of Forbes. See related posts:“Now Is A Great Time To Be Investing In China: Mark Lasry”ICBC Repeats Atop New Forbes Global 2000 ListChina Accounts For More Than A Fifth Of 2021 Forbes Midas List Members@rflannerychina

Source: Forbes May 24, 2021 00:33 UTC