Profits are on the rise at TripAdvisor with a 23% year on year increase in operating income before amortisation to US$91m for the third quarter. Revenue grew 30% to US$181m on the back of “international click-based ad revenue” which is growing twice as fast as the US and represents 47% of all TA turnover. Parent company Expedia revealed TA figures for the first time ahead of a planned stock exchange listing for which no date has been set.
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