From GlobeNewswire: 2025-06-26 05:00:00

Ly.com, a leading OTA platform, saw impressive growth in Q1 2025 with revenue of RMB 4.377 billion and a net profit of RMB 788 million, marking YoY increases of 13.2% and 41.1%. The company’s success is attributed to its expansion into air tickets, hotels, and international operations, tapping into non-first-tier markets. With a focus on mass-market tourism, ly.com aims to provide inclusive accessibility and high service quality. Additionally, the integration of AI strategies has boosted efficiency and cost reduction, positioning the company for long-term growth in the industry.

Revenue growth of 13.2% YoY in Q1 was driven by ly.com’s core OTA services, particularly accommodation booking and transportation ticketing, with revenue from online travel platforms growing by 18.4% YoY. The company’s diversified revenue streams expanded, although vacation-related revenue declined due to safety concerns in Southeast Asia. Ly.com’s international business also saw strong momentum, recording significant increases in international air ticket bookings and hotel room nights.

Ly.com’s strategic focus on the mass-market tourism sector has resulted in serving 1.96 billion trips and reaching 247 million paying users by the end of Q1 2025. With a penetration strategy targeting non-first-tier cities, the company has seen over 7% YoY growth in both metrics. By aligning with mass-market tourism consumers through UV entrances and service scenarios, ly.com continues to enhance user value and expand its user base. Supply chain integration and a membership program drive user retention, further solidifying the company’s position in the industry.



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