Trip.com
Global online travel marketplace and booking platform group.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Trip.com Group Limited
- Entity type
- BUSINESS_UNIT
- Founded
- 1999
- Company size
- >5,000
- Market role
- B2C Consumer App / Platform
- Ticker
- TCOM (Nasdaq) / 9961 (HKEX)
- Official website
- group.trip.com
What Trip.com does
The business operates as a two-sided travel marketplace. On the demand side, it acquires travellers through branded apps, websites, loyalty programmes, AI-assisted planning tools and partner channels. On the supply side, it aggregates inventory from airlines, hotels, property managers and other travel suppliers, then converts traffic into bookings and captures a percentage of transaction value. Additional value is created through metasearch traffic monetisation, affiliate distribution and retention mechanisms such as tiered rewards and redeemable booking credits.
Category differentiation
This is the listed travel marketplace group, not just the Trip.com consumer booking app. It is also distinct from single-brand competitors such as Booking.com or Expedia because it owns multiple travel brands including Skyscanner, Ctrip and Qunar.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Trip.com Group Limited is a public online travel marketplace group operating consumer travel booking and comparison platforms including Trip.com, Skyscanner, Ctrip and Qunar. Its products allow users to search, compare and book flights, hotels, trains, cars, attractions and related travel services through web and mobile interfaces, while also onboarding accommodation suppliers and running an affiliate programme. The company primarily makes money by taking commissions or take-rates on completed travel bookings, supplemented by referral and advertising-style income from metasearch and affiliate activity. Its direct customers include leisure and business travellers, while its supply-side customers include hotels, property owners and travel partners seeking distribution to the group’s audience.
Company news briefing
Briefing updated:
Trip.com Group reported its Q2 2026 financial results, posting net revenues of RMB15.7 billion, a 6% year-over-year increase, while international business revenue grew over 50%. The company incurred a net loss due to a RMB5.2 billion anti-monopoly penalty from China's State Administration for Market Regulation, though adjusted EBITDA reached RMB4.6 billion. Maintaining a strong balance sheet with RMB100.5 billion in cash and investments, the group continues to advance its strategic focus on globalisation and AI capabilities, while maintaining its partnerships including integrations with Google's expanded AI travel tools and TikTok GO.
Business model & monetisation
Trip.com Group primarily monetises through marketplace commissions on completed bookings for hotels, flights and other travel services. It also generates referral and advertising-like income from metasearch traffic, commission sharing through its affiliate programme, and ancillary travel revenue from bundled or add-on services. Loyalty products such as Trip.com Rewards and Trip Coins are used mainly to increase repeat transactions, retention and lifetime value rather than as standalone revenue products.
- Travel booking commissions
- Percentage take-rate on completed bookings
- Metasearch referral monetisation
- Advertising and referral income from comparison traffic
- Affiliate programme economics
- Commission-based partner distribution
- Ancillary travel services
- Add-on sales such as transfers, insurance or bundles
Products & capabilities
No products with linked sources are available in this view.
Products & market categories
Competitors & alternatives
- Yanolja
Travel marketplace and hospitality software provider.
- Expedia Group
Online travel marketplace group with a scaled travel advertising business.
- Airbnb
Consumer travel marketplace for stays, experiences and local services.
- Booking Holdings
Global travel marketplace and metasearch group with reservation software assets.
Side-by-side comparisons
Subsidiaries & acquisitions
- Skyscanner
Travel metasearch platform monetising intent through referrals and advertising.
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
Trip.com Group Reports Q2 2026 Results Amid Antitrust Penalty
Financials · Recorded impact score: 4/5
Trip.com Group reported its unaudited financial results for the second quarter of 2026, showing total net revenues of RMB15.7 billion, a 6% year-over-year increase. The company faced an anti-monopoly penalty of RMB5.2 billion from China's State Administration for Market Regulation, which led to a net loss for the quarter. Excluding the penalty, net income would have been RMB2.7 billion. International business revenue grew over 50% year-over-year, and inbound travel revenue saw high double-digit growth. The company highlighted its strategic focus on globalization and AI capabilities. Adjusted EBITDA was RMB4.6 billion. The balance sheet remains strong with cash and investments of RMB100.5 billion.
- Trip.com Group reported Q2 2026 net revenues of RMB15.7 billion ($2.3 billion), up 6% year-over-year.
- The State Administration for Market Regulation imposed an anti-monopoly penalty of RMB5.2 billion on Trip.com.
Explore company relationships
Questions about Trip.com
What is Trip.com Group?
Trip.com Group is a public online travel marketplace group operating booking, comparison and travel discovery platforms for flights, hotels, rail, cars and attractions.
Who uses Trip.com Group?
Its platforms are used by leisure and business travellers, and by travel suppliers such as hotels and property owners seeking distribution to its audience.
How does Trip.com Group make money?
It mainly earns commissions on travel bookings, with additional income from metasearch referrals, affiliate activity and ancillary travel services.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
13 publicly documented primary sources and citations linked across the market graph.
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