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Trip.com Announces Board Changes with New Baidu Nominee

Story Highlights
  • Trip.com announces board change with resignation of Baidu-nominated director.
  • Rong Luo, Baidu’s Executive VP, appointed as new director, signaling strategic collaboration.
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Trip.com Announces Board Changes with New Baidu Nominee

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Trip.com Group Ltd. ( (HK:9961) ) just unveiled an announcement.

Trip.com Group Limited announced a change in its board composition with the resignation of Baidu-nominated director Mr. Junjie He, effective February 11, 2025. Mr. Rong Luo, Baidu’s Executive Vice President, will succeed Mr. He as a director. Mr. Luo brings a wealth of financial management experience from previous roles at Baidu, TAL Education Group, eLong Inc., Lenovo Group, and Microsoft. This change reflects an ongoing collaboration with Baidu and may influence Trip.com’s strategic direction given Mr. Luo’s extensive background in financial management and corporate strategy.

More about Trip.com Group Ltd.

Trip.com Group Limited is a company incorporated in the Cayman Islands, primarily involved in the travel and tourism industry. It provides a wide range of travel services, including booking services for accommodation, transportation, and tours, catering to a global market.

YTD Price Performance: 0.93%

Average Trading Volume: 1,939,587

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$346.6B

For detailed information about 9961 stock, go to TipRanks’ Stock Analysis page.

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