Ctrip.Com International Ltd (ADR) Continues to Grow, but the Pace Is Predictably Slowing
Chinese online travel agency (OTA) Ctrip.com (NASDAQ: CTRP) reported earnings Wednesday night and they showed the company continues to eat up large swaths of the growing market for travel in China. The company's forecast, however, calls for slower growth.
While that was inevitable on some level, the question now becomes: How quickly will growth slow, and how much will widening margins help make up the difference?
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Source: Fool.com