Growth has come at a cost for TripAdvisor, now a publicly traded company. Its June quarter profit fell 2% year on year to US$53m despite record revenue of US$197m. A 33% increase in costs and expenses, most of which can be attributed to “selling and marketing”, is primarily to blame for the profit drop. Most of TripAdvisor’s revenue comes from click-based advertising – US$151m, up 13% quarter on quarter.
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