Home Blog Page 1698

European Union and Vietnam: A joint path to poultry farming based on immunity and prevention

HANOI, Vietnam, Nov. 18, 2025 /PRNewswire/ — To mark the World Antimicrobial Resistance (AMR) Awareness Week, which begins today (18–24 November), the EU co-financed the ‘European Poultry From Our Farms to Your Tables’ information and promotional campaign to highlight Vietnam’s progress in the rational use of antibiotics in poultry production and the compatibility of European standards with local market expectations.

Vietnam accelerates change
In 2018, the Vietnamese government prohibited the use of antibiotic growth promoters in livestock feed. It also adopted a roadmap to phase out the preventive use of antibiotics across livestock production, with a full ban entering into force on 1 January 2026; therapeutic use remains allowed under veterinary prescription. These steps reflect a shared commitment by Vietnam and the European Union to high standards of animal health and food safety.

European Union: the responsible use of antibiotics 
The European Union bans the routine and preventive group use of antibiotics in food-producing animals. Antibiotics may be administered only on veterinary prescription, when medically justified to treat or control disease in animals. Treatment is carried out under strict veterinary supervision, observing the withdrawal period required to ensure that residues remain within the legal limits (MRLs). Prevention and welfare are a priority. In line with the Farm to Fork strategy, the EU aims to further reduce antimicrobial use while maintaining high food safety standards and full traceability.

European poultry producers employ preventive measures such as strict on-farm biosecurity, vaccination programmes tailored to disease risk, daily flock-health monitoring, attention to water and feed quality, and comfortable housing conditions (ventilation, lighting, space). Medications remain a treatment tool — used as rarely as possible and only when medically justified – to protect animal health and welfare. This approach promotes flock health, reduces the risk of antimicrobial resistance (AMR) and strengthens consumer trust.

Thanks to these strict procedures, EU poultry meat is safe for consumers and does not contain harmful residues. This is ensured by EU and national laws that strictly control the use of veterinary medicines and the sale of meat.

Why is this important to Vietnamese buyers?
European poultry batches are fully traceable and comply with Vietnam’s MRLs and are accompanied by full documentation of origin and testing. For importers, retail chains and the HORECA sector, this means a stable supply, consistent quality and compliance with local regulations – both now and in the future, as the rules become more stringent.

For more information about the campaign, visit www.eupoultry.eu

The project is implemented by an industry organisation from Poland: The National Poultry Council Chamber of Commerce acting on behalf of the European poultry sector.

Supermicro Showcases the Future of HPC Clusters and AI Infrastructure at Supercomputing 2025

  • In-booth demos will feature new Data Center Building Block Solutions® (DCBBS) incorporating NVIDIA GB300 NVL72 and NVIDIA HGXB300 Systems
  • Future-ready data centers are designed to drive energy efficiency, scalability, performance, and reduce time-to-online
  • Advanced cooling products, including Rear Door Heat Exchangers and Sidecar Cooling Distribution Units will be on display

SAN JOSE, Calif. and ST. LOUIS, Nov. 18, 2025 /PRNewswire/ — Supercomputing Conference — Super Micro Computer, Inc. (SMCI), a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge, will showcase its latest AI Factory, HPC, and liquid-cooled data center innovations at Supercomputing 2025 (SC25) in St. Louis, Missouri. This broad portfolio, ranging from desktop workstations to rack-scale solutions, demonstrates Supermicro’s commitment to powering the next generation of high-performance computing, scientific research, and enterprise AI deployments.

Supermicro Showcases the Future of HPC Clusters and AI Infrastructure at Supercomputing 2025
Supermicro Showcases the Future of HPC Clusters and AI Infrastructure at Supercomputing 2025

“Supermicro continues to lead the industry in delivering complete, next-generation infrastructure solutions in close collaboration with our technology partners,” said Charles Liang, president and CEO of Supermicro. “At SC25, we are demonstrating our high-performance DCBBS architecture, direct liquid cooling, and rack-scale innovations, which empower customers to deploy AI and HPC workloads faster, more efficiently, and more sustainably.”

For more information, please visit: https://www.supermicro.com/en/event/sc25

Supermicro Systems will showcase new platforms designed to improve performance for both CPU- and GPU-bound workloads in large-scale HPC and AI environments.

Key highlights include:

  • NVIDIA GB300 NVL72 with Liquid Cooling – Rack-scale solution with NVIDIA GB300 Grace™ Blackwell Superchips providing 72 NVIDIA Blackwell Ultra GPUs and 36 Grace CPUs per rack with 279GB HBM3e per GPU
  • 4U HGX B300 Server Liquid Cooled Rack with In-Rack CDU
  • 1U NVIDIA GB200 NVL4 Server (ARS-121GL-NB2B-LCC) – A high-density, liquid-cooled compute node purpose built for large-scale HPC and AI training.
  • Super AI Station Based on NVIDIA GB300 (ARS-511GD-NB-LCC) – An AI and HPC development platform integrated into a desktop workstation form factor.
  • Liquid-cooled 8U 20-node and 6U 10-node SuperBlade – An advanced liquid cooled platform delivering maximum CPU and GPU density, supporting Intel® Xeon® 6900, 6700, and 6500 Series processors up to 500W.
  • Liquid-cooled 2U FlexTwin multi-node system – An advanced liquid cooled (up to 95% heat capture) platform delivering maximum CPU computing density with four independent nodes, each equipped with the highest-performance dual socket CPUs supporting either AMD EPYC™ 9005 processors or Intel® Xeon® 6900 Series processors up to 500W.

DCBBS and Direct Liquid Cooling Innovations

Supermicro’s DCBBS integrates compute, storage, networking, and thermal management to simplify the deployment of complex AI and HPC infrastructure.

Key highlights include:

  • Rear Door Heat Exchangers – Supporting cooling capacities of 50kW or 80kW
  • Liquid-to-Air Sidecar CDUs (cooling distribution units)- Supporting cooling capacities up to 200kW, with no external infrastructure needed.
  • Water Cooling and Dry Towers – Energy-efficient external towers which cool the liquid, in a closed loop design.

Optimized Product Families for HPC Workloads and AI Infrastructure

Supermicro’s high-density, liquid-cooled systems address use cases across financial services, manufacturing, climate and weather modeling, oil and gas, and scientific research. Each distinct product family is designed with an optimized combination of density, performance, and efficiency.

SuperBlade®– The award-winning SuperBlade systems have been winning HPC customers worldwide for over 18 years. The latest generation X14 SuperBlade systems offer maximum performance and the highest density with both CPU and GPU for the most demanding HPC and AI workloads. Both air-cooling and direct-to-chip liquid cooling can be supported. With integrated InfiniBand and Ethernet switches, SuperBlade is ideal for HPC and AI applications. 

FlexTwin – The Supermicro FlexTwin architecture is purpose-built for HPC and is cost-efficient, designed to deliver maximum compute power and density in a multi-node configuration, with up to 24,576 performance cores in a 48U rack. Optimized for HPC and other compute-intensive workloads, each node features direct-to-chip liquid cooling to maximize efficiency and reduce CPU thermal throttling, enabling low latency front and rear I/O with a range of flexible networking options up to 400G per node.

BigTwin® – Versatile Supermicro BigTwin is available as a 2U –4-Node or 2U 2-Node system. The Supermicro BigTwin shares power supplies and fans, which reduces power consumption. The BigTwin is available with the Intel® Xeon® 6 processor.

MicroBlade® – The Supermicro 6U 40-node and 6U 20-node MicroBlade systems offer customers the highest density and a cost-effective single-socket x86 server solution. They have been used by leading semiconductor companies to design and develop ICs for over 10 years. MicroBlade systems support a wide range of CPUs including Intel Xeon 6300, Xeon D, and AMD EPYC 4005 Series. The latest generation MicroBlade systems can support up to 20 AMD EPYC 4005 Series CPUs and 20 GPUs in a 6U enclosure.

MicroCloud – Industry-proven design, scalable up to 10 CPU nodes or up to 5 CPU + GPU nodes per chassis. With up to 10 server nodes in only 3U of rack space, customers can increase their computing density by over 3.3x compared to industry-standard 1U rackmount servers.

Petascale Storage – Density-maximized all-flash storage systems optimized for scale-out and scale-up software-defined storage, with easy-to-deploy 1U and 2U form factors supporting industry standard EDSFF media.

Workstation – Workstation performance and flexibility in a rackmount form factor, offering increased density and security for organizations looking to utilize centralized resources.

Supermicro at SC25

Visit Supermicro at booth #3504 to check out the latest innovations and visit the in-booth theater to hear directly from experts, customers, and partners.

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions provider with server, AI, storage, IoT, switch systems, software, and support services. Supermicro’s motherboard, power, and chassis design expertise further enables our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names, and trademarks are the property of their respective owners.

Taiwan to Showcase “From Intelligent Perception to AI-Powered Decisions: Building Next-Generation Agile Production Lines” at iREX 2025

Taiwan Showcases Robot and AI Key Technologies at 2025 iREX

TOKYO, Nov. 18, 2025 /PRNewswire/ —Taiwan is set to make a significant impact at the upcoming International Robot Exhibition (iREX 2025). From December 3-6, the Taiwan Robot Pavilion (Booth No. E7-28), strategically located in East Hall 7 of Tokyo Big Sight, will be a central hub for industrial innovation.

iREX 台灣展示館
iREX 台灣展示館

This showcase will feature a high-profile product presentation and matchmaking event titled, ” From Intelligent Perception to AI-Powered Decisions: Building Next-Generation Agile Production Lines.” This theme encapsulates Taiwan’s commitment to advancing the next generation of manufacturing technology.

The pavilion will be a confluence of 20 top-tier Taiwanese enterprises, each a specialist in their domain. Visitors will have the opportunity to engage with these industry leaders and explore a wide spectrum of cutting-edge solutions. The showcase will cover everything from smart manufacturing and advanced robotics applications to complex system integration and complete factory automation. A special focus will be placed on 12 key exhibitors who will demonstrate the unique strength of Taiwan’s industrial ecosystem: the seamless integration of hardware and software supply chains. These companies will present their latest technological breakthroughs, demonstrating the innovation and agility that defines Taiwan’s automation sector.

This initiative is more than just a product showcase; it is a strategic mission to foster deep, collaborative partnerships between Japanese and Taiwanese enterprises in the high-stakes robotics industry. The primary objectives are to unlock new international business opportunities and to clearly demonstrate Taiwan’s leading position in the global development of smart factories and AI-driven automation.

This entire effort is proudly supported by the ” Smart Machinery Overseas Promotion Program,” a key initiative of the International Trade Administration (TITA), Ministry of Economic Affairs. The execution of this ambitious pavilion is professionally managed by two of the industry’s most respected bodies: the Precision Machinery Research & Development Center (PMC) and the Taiwan Automation Intelligence and Robotics Association (TAIROA).

All industry professionals and potential partners are invited to visit the Taiwan Robot Pavilion at Booth E7-28 from December 3-6 to witness the future of automation firsthand.

Trip.com Group Limited Reports Unaudited Third Quarter of 2025 Financial Results

SINGAPORE, Nov. 18, 2025 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) (“Trip.com Group” or the “Company”), a leading global one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the third quarter of 2025.

Key Highlights for the Third Quarter of 2025

  • International businesses delivered robust performance across all segments during the third quarter of 2025 
    –     Overall bookings on our international OTA platform increased by around 60% year-over-year.
    –     Inbound travel bookings surged by over 100% year-over-year.
    –     Outbound flight and hotel bookings have climbed to around 140% of the volume for the same period in 2019. 

“Travel demand stayed strong this summer, driven by travelers’ enduring passion to explore the world,” said James Liang, the Executive Chairman. “We are enhancing every stage of the journey with AI, and our immersive “Taste of China” program is redefining inbound travel experiences. Moving forward, we will continue to push the boundaries of technology and service to shape a smarter, more sustainable future for travel.”

“We are pleased with our strong third-quarter performance, particularly in cross-border travel,” said Jane Sun, the Chief Executive Officer. “We are committed to empowering our partners to enhance service capabilities and capture new opportunities, creating a more vibrant and connected global travel ecosystem defined by exceptional services and memorable experiences.”

Third Quarter of 2025 Financial Results and Business Updates

For the third quarter of 2025, Trip.com Group reported net revenue of RMB18.3 billion (US$2.6 billion), representing a 16% increase from the same period in 2024, primarily driven by stronger travel demand. Net revenue for the third quarter of 2025 increased by 24% from the previous quarter, primarily due to seasonality.

Accommodation reservation revenue for the third quarter of 2025 was RMB8.0 billion (US$1.1 billion), representing an 18% increase from the same period in 2024, primarily driven by an increase in accommodation reservations. Accommodation reservation revenue for the third quarter of 2025 increased by 29% from the previous quarter, primarily due to seasonality.

Transportation ticketing revenue for the third quarter of 2025 was RMB6.3 billion (US$886 million), representing a 12% increase from the same period in 2024, primarily driven by an increase in transportation reservations. Transportation ticketing revenue for the third quarter of 2025 increased by 17% from the previous quarter, primarily due to seasonality.

Packaged-tour revenue for the third quarter of 2025 was RMB1.6 billion (US$226 million), representing a 3% increase from the same period in 2024, primarily driven by an increase in packaged-tour reservations. Packaged-tour revenue for the third quarter of 2025 increased by 49% from the previous quarter, primarily due to seasonality.

Corporate travel revenue for the third quarter of 2025 was RMB756 million (US$106 million), representing a 15% increase from the same period in 2024 and a 9% increase from the previous quarter, primarily driven by an increase in corporate travel reservations.

Cost of revenue for the third quarter of 2025 increased by 20% to RMB3.4 billion (US$472 million) from the same period in 2024 and increased by 19% from the previous quarter, which was generally in line with the increase in net revenue from the respective periods. Cost of revenue as a percentage of net revenue was 18% for the third quarter of 2025.

Product development expenses for the third quarter of 2025 increased by 12% to RMB4.1 billion (US$574 million) from the same period in 2024 and increased by 17% from the previous quarter, primarily due to the increase in product development personnel related expenses. Product development expenses as a percentage of net revenue were 22% for the third quarter of 2025.

Sales and marketing expenses for the third quarter of 2025 increased by 24% to RMB4.2 billion (US$587 million) from the same period in 2024 and increased by 26% from the previous quarter, primarily due to the increase in expenses relating to sales and marketing promotion activities. Sales and marketing expenses as a percentage of net revenue were 23% for the third quarter of 2025.

General and administrative expenses for the third quarter of 2025 increased by 9% to RMB1.1 billion (US$160 million) from the same period in 2024 and increased by 4% from the previous quarter. General and administrative expenses as a percentage of net revenue were 6% for the third quarter of 2025.

Income tax expense for the third quarter of 2025 was RMB3.3 billion (US$470 million), compared to RMB721 million for the same period in 2024 and RMB998 million for the previous quarter, due to the increase in taxable income primarily attributable to the partial disposal of certain investment. The change in Trip.com Group’s effective tax rate was primarily due to the combined impacts of changes in respective profitability of its subsidiaries with different tax rates, changes in deferred tax liabilities relating to withholding tax, certain non-taxable income or loss resulting from the fair value changes in equity securities investments and exchangeable senior notes recorded in other income, changes in valuation allowance provided for deferred tax assets, and tax arising from the partial disposal of certain investment in accordance with the local indirect transfer tax rules.

Net income for the third quarter of 2025 was RMB19.9 billion (US$2.8 billion), compared to RMB6.8 billion for the same period in 2024 and RMB4.9 billion for the previous quarter. Adjusted EBITDA for the third quarter of 2025 was RMB6.3 billion (US$892 million), compared to RMB5.7 billion for the same period in 2024 and RMB4.9 billion for the previous quarter.

Net income attributable to Trip.com Group’s shareholders for the third quarter of 2025 was RMB19.9 billion (US$2.8 billion), compared to RMB6.8 billion for the same period in 2024 and RMB4.8 billion for the previous quarter, primarily due to the partial disposal of certain investment. Excluding share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes recorded in other income, and their tax effects, non-GAAP net income attributable to Trip.com Group’s shareholders for the third quarter of 2025 was RMB19.2 billion (US$2.7 billion), compared to RMB6.0 billion for the same period in 2024 and RMB5.0 billion for the previous quarter.

Diluted earnings per ordinary share and per ADS was RMB28.61 (US$4.02) for the third quarter of 2025. Excluding share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes recorded in other income, and their tax effects, non-GAAP diluted earnings per ordinary share and per ADS was RMB27.56 (US$3.87) for the third quarter of 2025. Each ADS currently represents one ordinary share of the Company.

As of September 30, 2025, the balance of cash and cash equivalents, restricted cash, short-term investment, and held to maturity time deposit and financial products was RMB107.7 billion (US$15.1 billion).

Conference Call 

Trip.com Group’s management team will host a conference call at 7:00 PM on November 17, 2025, U.S. Eastern Time (or 8:00 AM on November 18, 2025, Hong Kong Time) following this announcement.

The conference call will be available live on Webcast and for replay at: https://investors.trip.com. The call will be archived for twelve months on our website.

All participants must pre-register to join this conference call using the Participant Registration link below:

https://register-conf.media-server.com/register/BI832bb6185b5042c6a2f663b42d9981b6

Upon registration, each participant will receive details for this conference call, including dial-in numbers and a unique access PIN. To join the conference, please dial the number provided, enter your PIN, and you will join the conference instantly.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “future,” “intend,” “plan,” “believe,” “estimate,” “is/are likely to,” “confident,” or other similar statements. Among other things, quotations from management in this press release, as well as Trip.com Group’s strategic and operational plans, contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, severe or prolonged downturn in the global or Chinese economy, general declines or disruptions in the travel industry, volatility in the trading price of Trip.com Group’s ADSs or shares, Trip.com Group’s reliance on its relationships and contractual arrangements with travel suppliers and strategic alliances, failure to compete against new and existing competitors, failure to successfully manage current growth and potential future growth, risks associated with any strategic investments or acquisitions, seasonality in the travel industry in the relevant jurisdictions where Trip.com Group operates, failure to successfully develop Trip.com Group’s existing or future business lines, damage to or failure of Trip.com Group’s infrastructure and technology, loss of services of Trip.com Group’s key executives, adverse changes in economic and business conditions in the relevant jurisdictions where Trip.com Group operates, any regulatory developments in laws, regulations, rules, policies or guidelines applicable to Trip.com Group and other risks outlined in Trip.com Group’s filings with the U.S. Securities and Exchange Commission or the Stock Exchange of Hong Kong Limited. All information provided in this press release and in the attachments is as of the date of the issuance, and Trip.com Group does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement Trip.com Group’s consolidated financial statements, which are prepared and presented in accordance with United States Generally Accepted Accounting Principles (“GAAP”), Trip.com Group uses non-GAAP financial information related to adjusted net income attributable to Trip.com Group Limited, adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted earnings per ordinary share and per ADS, each of which is adjusted from the most comparable GAAP result to exclude the share-based compensation charges that are not tax deductible, fair value changes of equity securities investments and exchangeable senior notes recorded in other income, net of tax, and other applicable items. Trip.com Group’s management believes the non-GAAP financial measures facilitate better understanding of operating results from quarter to quarter and provide management with a better capability to plan and forecast future periods.

Non-GAAP information is not prepared in accordance with GAAP, does not have a standardized meaning under GAAP, and may be different from non-GAAP methods of accounting and reporting used by other companies. The presentation of this additional information should not be considered a substitute for GAAP results. A limitation of using non-GAAP financial measures is that non-GAAP measures exclude share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes recorded in other income, and their tax effects that have been and will continue to be significant recurring expenses in Trip.com Group’s business for the foreseeable future.

Reconciliations of Trip.com Group’s non-GAAP financial data to the most comparable GAAP data included in the consolidated statement of operations are included at the end of this press release.

About Trip.com Group Limited

Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading global one-stop travel platform, integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for many travelers in Asia, and increasingly for travelers around the world, to explore travel, get inspired, make informed and cost-effective travel bookings, enjoy hassle-free on-the-go support, and share travel experience. Founded in 1999 and listed on Nasdaq in 2003 and HKEX in 2021, the Company currently operates under a portfolio of brands, including Ctrip, Qunar, Trip.com, and Skyscanner, with the mission “to pursue the perfect trip for a better world.”

For further information, please contact:

Investor Relations
Trip.com Group Limited
Tel: +86 (21) 3406-4880 X 12229
Email: iremail@trip.com

 

Trip.com Group Limited

Unaudited Consolidated Balance Sheets

(In millions, except share and per share data)

December 31, 2024

September 30, 2025

September 30, 2025

RMB (million)

RMB (million)

USD (million)

ASSETS

Current assets:

Cash, cash equivalents and restricted cash

51,093

59,221

8,319

Short-term investments

28,475

21,234

2,983

Accounts receivable, net 

12,459

16,344

2,296

Prepayments and other current assets 

20,093

28,614

4,019

Total current assets

112,120

125,413

17,617

Property, equipment and software

5,053

5,505

773

Intangible assets and land use rights

12,840

13,071

1,836

Right-of-use asset

755

824

116

Investments (Includes held to maturity time deposit and
financial products of RMB10,453 million and RMB27,195
million as of December 31,2024 and September 30,
2025, respectively)

47,194

59,752

8,393

Goodwill

60,911

62,288

8,750

Other long-term assets

454

485

68

Deferred tax asset

3,254

3,240

455

Total assets

242,581

270,578

38,008

LIABILITIES

Current liabilities:

Short-term debt and current portion of long-term debt

19,433

20,339

2,857

Accounts payable

16,578

20,149

2,830

Advances from customers

18,029

22,208

3,120

Other current liabilities

19,970

21,783

3,060

Total current liabilities

74,010

84,479

11,867

Deferred tax liability

4,098

3,846

540

Long-term debt

20,134

11,033

1,550

Long-term lease liability

561

563

79

Other long-term liabilities

296

678

95

Total liabilities

99,099

100,599

14,131

MEZZANINE EQUITY

743

132

19

SHAREHOLDERS’ EQUITY

Total Trip.com Group Limited shareholders’ equity

141,807

168,095

23,612

Non-controlling interests

932

1,752

246

Total shareholders’ equity

142,739

169,847

23,858

Total liabilities, mezzanine equity and shareholders’
equity

242,581

270,578

38,008

 

Trip.com Group Limited

Unaudited Consolidated Statements of Income

(In millions, except share and per share data)

Quarter ended

Quarter ended

Quarter ended

Quarter ended

September 30, 2024

June 30, 2025

September 30, 2025

September 30, 2025

RMB (million)

RMB (million)

RMB (million)

USD (million)

Revenue:

Accommodation reservation 

6,802

6,225

8,047

1,130

Transportation ticketing 

5,650

5,397

6,306

886

Packaged-tour 

1,558

1,079

1,606

226

Corporate travel

656

692

756

106

Others

1,234

1,471

1,652

232

Total revenue

15,900

14,864

18,367

2,580

Less: Sales tax and surcharges

(27)

(21)

(29)

(4)

Net revenue

15,873

14,843

18,338

2,576

Cost of revenue

(2,800)

(2,818)

(3,359)

(472)

Gross profit

13,073

12,025

14,979

2,104

Operating expenses:

Product development *

(3,640)

(3,500)

(4,083)

(574)

Sales and marketing *

(3,382)

(3,326)

(4,181)

(587)

General and administrative *

(1,045)

(1,097)

(1,141)

(160)

Total operating expenses

(8,067)

(7,923)

(9,405)

(1,321)

Income from operations

5,006

4,102

5,574

783

Interest income 

598

609

675

95

Interest expense

(399)

(265)

(183)

(26)

Other income

1,781

1,114

17,032

2,392

Income before income tax
expense and equity in income of
affiliates

6,986

5,560

23,098

3,244

Income tax expense

(721)

(998)

(3,344)

(470)

Equity in income of affiliates

558

318

165

23

Net income

6,823

4,880

19,919

2,797

Net income attributable to non-
controlling interests and mezzanine
classified non-controlling interests

(58)

(34)

(29)

(4)

Net income attributable to
Trip.com Group Limited

6,765

4,846

19,890

2,793

Earnings per ordinary share 

– Basic

10.37

7.34

30.36

4.26

– Diluted

9.93

6.97

28.61

4.02

Earnings per ADS 

– Basic

10.37

7.34

30.36

4.26

– Diluted

9.93

6.97

28.61

4.02

Weighted average ordinary shares outstanding 

– Basic

652,719,801

659,916,799

655,036,191

655,036,191

– Diluted

681,411,847

695,705,348

695,035,857

695,035,857

* Share-based compensation included in Operating expenses above is as follows:

  Product development 

221

258

257

36

  Sales and marketing 

38

53

55

8

  General and administrative 

200

255

248

35

 

Trip.com Group Limited

Unaudited Reconciliation of  GAAP and Non-GAAP Results

(In millions, except %, share and per share data)

Quarter ended

Quarter ended

Quarter ended

Quarter ended

September 30, 2024

June 30, 2025

September 30, 2025

September 30, 2025

RMB (million)

RMB (million)

RMB (million)

USD (million)

Net income

6,823

4,880

19,919

2,797

Less: Interest income

(598)

(609)

(675)

(95)

Add: Interest expense

399

265

183

26

Less: Other income

(1,781)

(1,114)

(17,032)

(2,392)

Add: Income tax expense

721

998

3,344

470

Less: Equity in income of affiliates

(558)

(318)

(165)

(23)

Income from operations

5,006

4,102

5,574

783

Add: Share-based compensation

459

566

560

79

Add: Depreciation and amortization

215

212

212

30

Adjusted EBITDA

5,680

4,880

6,346

892

Adjusted EBITDA margin

36 %

33 %

35 %

35 %

Net income attributable to Trip.com Group Limited

6,765

4,846

19,890

2,793

Add: Share-based compensation

459

566

560

79

Less: Gain from fair value changes of equity securities investments
and exchangeable senior notes

(1,276)

(447)

(1,308)

(184)

Add: Tax effects on fair value changes of equity securities
investments and exchangeable senior notes

15

46

14

2

Non-GAAP net income attributable to Trip.com Group Limited

5,963

5,011

19,156

2,690

Weighted average ordinary shares outstanding-
Diluted-non GAAP 

681,411,847

695,705,348

695,035,857

695,035,857

Non-GAAP Diluted income per share 

8.75

7.20

27.56

3.87

Non-GAAP Diluted income per ADS 

8.75

7.20

27.56

3.87

Notes for all the condensed consolidated financial schedules presented:

Note 1: The conversion of Renminbi (RMB) into U.S. dollars (USD) is based on the certified exchange rate of USD1.00=RMB7.1190 on September 30, 2025 published by the Federal
Reserve Board.

Reaching Young People with Real-Time, Human-Centred Support: Cancer Council to Launch AI for Youth Vaping Cessation

SYDNEY, Nov. 18, 2025 /PRNewswire/ — Miroma Project Factory (MPF) is proud to announce the successful completion of the Technical Feasibility Assessment (TFA) and Proof of Concept (POC) for an AI-powered vaping cessation support tool designed specifically for young Australians aged 14 to 25, in collaboration with Cancer Council NSW.

The proof of concept, co-designed with young people, explores how AI can deliver safe, personalised support to help quit vaping.
The proof of concept, co-designed with young people, explores how AI can deliver safe, personalised support to help quit vaping.

With vaping rates rising and traditional cessation tools failing to connect with younger audiences, this early-stage work represents a crucial step in ensuring any eventual AI solution is both effective and safe. By focusing first on technical feasibility, the project team has been able to identify opportunities, assess risks, and set clear boundaries for responsible AI use before committing resources to full-scale development and complex training.

Developed in close collaboration with young people, health experts, and youth organisations, the concept is for a chatbot that offers accessible, non-judgmental guidance in a voice young people can relate to. It would include goal setting, personalised messages, milestone tracking, and escalation support when needed, all designed to feel like a conversation with a peer rather than a lecture.

“This isn’t about telling young people what to do, it’s about listening to what they need,” said Kat Robinson, CEO of Miroma Project Factory. “By thoroughly testing feasibility and boundaries first, we’re ensuring any final product is aligned with both youth needs and responsible technology principles.”

This project was backed by research, informed by experience, it builds on a national co-design process involving over 150 young Australians, facilitated by Cancer Council NSW and supported by partners including U1, MASS LBP, and Avion. The research confirmed that young people want help to quit but they want it on their terms.

The strongest demand came for tools that are accessible on mobile, available 24/7, and allow users to check in with themselves, track progress, and receive encouragement without shame or pressure. More than 80% of surveyed young people said they would use a tool like this if it were available today.

The chatbot experience will respond directly to those insights – offering a highly personalised quit journey that feels safe, supportive, and youth-led.

This proof of concept sets the stage for scale,  the foundation for a broader digital vaping cessation platform designed to meet the needs of diverse young people across Australia. The vision is clear: build a national digital service that combines empathy, evidence, and technology to reduce harm and increase access to support – particularly for those who may never engage with traditional help-seeking pathways.

MPF was pivotal in contributing to strategic technical planning, user experience design, content development, and communications positioning – ensuring the prototype is not only viable, but built to inform future partnerships, funding pathways, and national scale-up.

About Cancer Council NSW

Cancer Council NSW is a leading not-for-profit organisation dedicated to a cancer-free future. Through research, education, advocacy and support, Cancer Council NSW works to reduce the impact of cancer in communities across New South Wales and beyond. Their tobacco control initiatives include national leadership on vaping research, cessation tools, and youth engagement. 

About Miroma Project Factory (MPF)

MPF is a multi-award-winning digital strategy and product studio that delivers innovative digital solutions across web, platforms, and systems. Specialising in purposeful technology, MPF works at the intersection of strategy, design, and engineering to create impactful digital products for organisations ready to lead. With deep expertise in healthcare, MPF helps clients scale responsibly, communicate clearly, and connect meaningfully with their audiences. MPF is the development studio behind the multi award-winning My QuitBuddy app for the Department of Health. For more information, visit www.theprojectfactory.com.

For media enquiries, interviews or partnership opportunities, please contact:

Miroma Project Factory
info@theprojectfactory.com

Tiana Vourliotis
Cancer Council NSW
tiana.vourliotis@nswcc.org.au 

Thoughtworks and Groq partner to Accelerate Real-World AI Value and Innovation in Australia

SYDNEY, Nov. 18, 2025 /PRNewswire/ — Thoughtworks, a global technology consultancy that integrates design, engineering and AI to drive digital innovation, today announced a strategic partnership with Groq, creator of the LPU which is purpose-built for fast, low cost AI inference. This partnership is set to transform how organizations design, build and scale intelligent systems to deliver performance without compromise.

For Australian enterprises, scaling AI solutions means confronting the ultimate test of value: real-world performance and economics that scale. This collaboration directly addresses that challenge. Groq’s deterministic architecture accelerates AI workloads, particularly for cutting-edge applications and large language models, delivering instant and predictable responses even under heavy demand. Thoughtworks provides the crucial expertise in designing, evaluating and scaling these trustworthy AI systems. Together, the partnership sets a new benchmark, making powerful, real-time inference both practical and economically viable.

“Every enterprise wants AI that works, but compute is scarce,” said Jonathan Ross, Founder and CEO of Groq. “Our partnership with Thoughtworks allows us to put Groq’s performance directly into production.”

Proving the potential: the call center test

To demonstrate the partnership’s possibilities when it came to inference speed, cost, and accuracy, Thoughtworks built a real-time speech-to-text proof of concept (POC) on Groq’s LPU platform that simulated a ‘complex, high-volume call centre’ scenario. Collinear AI, a leader in curated, high quality data for model training and evaluations, provided thousands of realistic customer conversations for model training. Collinear AI’s evaluation tools were also used to measure performance in real time.

The results redefine AI performance benchmarks compared to other GPU-based alternatives:

  • Up to 5X faster responses: enabling accurate and real-time AI at the speed of human conversation.
  • Up to 5X lower running costs: making large-scale inference economically viable.

“Imagine the competitive advantage organisations could build when not having to choose between improved AI performance, user experience or budgets,” said Andy Nolan, Global VP of AI at Thoughtworks. “Our partnership with Groq moves the conversation from ‘what if’ to ‘what’s next.’ By combining their groundbreaking speed with our deep expertise in AI design, engineering and implementation, we’re delivering high-performance, cost-effective, and sovereign AI solutions for Australian businesses.”

Supporting resources:

About Groq
Groq is the inference infrastructure that powers AI with the speed and cost it requires. Founded in 2016, the company created the LPU and GroqCloud to ensure compute is faster and more affordable. Today, Groq is a key part of the American AI Stack and trusted by more than two million developers and many of the world’s leading Fortune 500 companies.

About Collinear AI
Collinear powers the AI data flywheel through realistic simulations, post-training data curation, and intelligent data improvement. Start with high fidelity, realistic user simulations to identify gaps, then seamlessly bridge to targeted data generation for post-training improvement. Collinear’s product creates a continuous improvement loop: dynamically simulate diverse user interactions to stress test your AI agents for robustness to real world scenarios, identify failure modes through comprehensive QA, and generate high signal training data to close those gaps. This data flywheel accelerates AI development from evaluation to production-ready systems.

About Thoughtworks
Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. We are over 10,000 Thoughtworkers strong across 47 offices in 18 countries. For 30+ years, we’ve delivered extraordinary impact together with our clients by helping them solve complex business problems with technology as the differentiator.

Media contacts:

For Groq:
pr-media@groq.com

For Thoughtworks:
Michelle Surendran, head of public relations for Thoughtworks APAC and India
Email: michels@thoughtworks.com

 

Thoughtworks and Groq | Reimagining what is possible with AI

 

Logo – https://laotiantimes.com/wp-content/uploads/2025/11/thoughtworks_v1_logo-1.jpg

Video – https://mma.prnasia.com/media2/2824659/Thoughtworks_Groq_Reimagining_what_is_possible_with_AI.mp4

Logo – https://laotiantimes.com/wp-content/uploads/2025/11/groq_logo.jpg

What Draws Global Youth to Beijing? A Transcontinental Journey of Discovery by Gen Z Content Creators

BEIJING, Nov. 18, 2025 /PRNewswire/ — What is it about Beijing that attracts Gen Z content creators from Global South nations to journey across continents? From November 10 to 14, 2025, the “Beijing in Eyes of Global South Gen Z” International Communication Event, organized by CRI Online, took place in Beijing. Twenty influencers and creators from countries such as Brazil, Laos, Mexico, and Vietnam arrived in the city to discover the answer for themselves.

A Mexican influencer explores a metaverse experience pod. (Photo by Qu Chang)
A Mexican influencer explores a metaverse experience pod. (Photo by Qu Chang)

At the Leyard Technology Experience Center, AI motion-capture technology left a creator from Guatemala in awe, stating, “The speed of tech development in China is remarkable.” In Haidian District’s AI Innovation Zone, applications of “AI + daily life” were widespread. A content creator from Vietnam noted excitedly, “What we used to see only in sci-fi films is now real life.”

Inside the Zhongguancun (Yizhuang) International Robotics Industry Park, exhibits included bionic robots, robotic fish, and automated coffee makers. A Vietnamese influencer described the experience as “completely absorbing,” adding that it “opened up new possibilities for the future of robotics.”

Following a test ride at the Xiaomi Auto Factory, a Brazilian influencer summed up the experience with “Amazing,” and commended Xiaomi’s vehicles for offering “great value and quality.”

After visiting the traditional architecture and watching a performance of the Peking opera “Riding Alone for Thousands of Miles” at the Huguang Guild Hall, a Brazilian creator described Chinese culture as “truly mesmerizing.”

At the Beijing Theatrical Costume Factory, participants learned basic Peking opera embroidery stitches and tried on lightweight costumes and headdresses. An influencer from Laos remarked, “Incredible! The outfits are refined and the embroidery is intricate—this is the essence of Eastern beauty.”

A Gen Z creator from Malaysia, after a visit to the Drum Tower, shared that the use of technology had translated profound history into an interactive format that speaks to young people, making her more interested in learning about the past.

A Mexican influencer, touring the Nanchizi Museum, described it as “a total work of art in itself.”

At the Hongqiao Market, known as “Beijing’s First Pearl Dealer,” an influencer from Bangladesh concluded that “there is significant potential for collaboration between our countries in the jewelry field.”

Inside Pop Land, many creators picked up their favorite collectible toys and shared live updates with followers at home and abroad. One Vietnamese participant observed that the worldwide appeal of Chinese designer toys stems from their “continuous creativity and new ideas.”

At Shougang Park, the group experienced the No.1 Blast Furnace • SoReal Science Fiction Paradise and toured the No.3 Blast Furnace and the Big Air jump platform. A creator from Thailand called the park “an outstanding example of urban regeneration for cities around the world.”

Nomad eSIM Announces Strong Growth with Expanded Enterprise and Consumer Offerings

SANTA CLARA, Calif., Nov. 18, 2025 /PRNewswire/ — Nomad eSIM, a business line of LotusFlare, today announced strong global growth of over 100% of purchase volume year on year, across both its consumer and enterprise segments, reinforcing its position as a leading provider of high-speed, affordable, and reliable digital connectivity worldwide.

With its consumer offering now trusted by millions of international travelers, Nomad eSIM delivers seamless internet access in over 200 destinations. The brand continues to enhance its product offering with unlimited data plans in key markets and expanded regional and global plans designed for frequent travelers seeking flexibility and value, earning a stellar 4.8-star rating on the App Store.

 

Building on this foundation of consumer trust and proven technology, Nomad Enterprise has emerged as a fast-growing platform enabling businesses to unlock new revenue streams and elevate customer experience through seamless eSIM integration.

“Our leadership in the consumer space has proven the reliability and scalability of our core technology,” says Shern Ng, Head of Product at Nomad. “Nomad Enterprise is now extending its trusted platform to empower businesses. We are not just reducing roaming costs, we are providing a scalable, full-stack solution that transforms connectivity into a powerful new profit center and a cornerstone of world-class customer service.”

To help businesses rapidly adopt and scale eSIM services, Nomad has announced the launch of its comprehensive API documentation. This offering allows OTAs, airlines, fintech platforms, and digital brands to seamlessly integrate Nomad’s eSIM capabilities into their existing services. With Nomad’s robust infrastructure, developer-friendly APIs, intuitive management portal, and competitive global rates, partners can launch or expand their eSIM offerings, enhancing their digital value propositions and driving new business opportunities.

Building on successful collaborations at Wimbledon and the Singapore Grand Prix earlier this year, Nomad confirmed that many more strategic partnerships are underway. These upcoming brand collaborations are set to expand Nomad’s reach and strengthen its global ecosystem, reflecting Nomad’s dedication to fostering innovation and delivering unparalleled value for its partners and their customers.

As the platform continues to scale, Nomad remains focused on being the most comprehensive and reliable eSIM platform in the market, ensuring superior connectivity, exceptional customer experiences, and sustained global growth.

About Nomad:

Nomad eSIM, a business line of LotusFlare Inc., simplifies global travel by providing affordable, high-speed, mobile data services in over 200 destinations worldwide. With flexible data plans at local rates, Nomad eliminates expensive roaming charges. Travellers can browse data plans for their upcoming trip, install and activate eSIM in seconds, and connect to a 5G network upon arrival.

Nomad eSIM Enterprise allows enterprises and service providers a powerful value proposition that reliably and securely reduces the cost of global business travel communications. Utilizing a scalable, API-ready platform, this enterprise solution empowers customers to unlock new revenue streams, expand their eSIM offerings, and enhance customer loyalty by ensuring seamless, cost-effective worldwide connectivity.

 

Contact:
Magdalena Arnautovic
Senior Marketing Manager
magdalena.marjanovic@lotusflare.com