89677QAB3 Filings — Trip.com Group Limited - FilingSpy
89677QAB3
Trip.com Group Limited
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One of the world's largest online travel companies, Trip.com Group runs a one-stop booking platform for hotels, flights, trains, car rentals and tours, serving travelers worldwide through brands like Trip.com, Ctrip and Skyscanner. It began in 1999 in Shanghai when four friends founded Ctrip, whose name drew on the values Customer, Teamwork, Responsibility, Integrity and Passion. In 2019 the company renamed itself Trip.com Group, with "com" meant to evoke companions and partners coming together on a trip.
Trip.com fined RMB3.52B by China SAMR for anti-monopoly violations
On July 25, 2026, Trip.com Group received an administrative penalty decision from China's State Administration for Market Regulation (SAMR).
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SAMR found Trip.com violated Article 22(4) and (5) of China's Anti-Monopoly Law by restricting business counterparties through exclusive arrangements and imposing unreasonable transaction terms.
The penalty includes a fine of RMB3,521 million (US$518.9 million), representing 7.5% of Trip.com's 2025 sales revenue from operations in China.
Trip.com is also ordered to cease violating acts, refund RMB122 million (US$18.0 million) in hotel order security deposits, and forfeit gains of RMB1,658 million (US$244.4 million).
Trip.com stated it sincerely accepts the decision and will implement rectification measures and strengthen governance.
Trip.com Group shareholders adopt all resolutions at 2026 Annual General Meeting
All proposed resolutions from the notice dated May 27, 2026, were duly passed.
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Trip.com Group Limited held its 2026 Annual General Meeting on June 30, 2026, in Singapore.
The company is listed on Nasdaq (TCOM) and HKEX (9961).
The board comprises James Jianzhang Liang, Jane Jie Sun, Rong Luo, and independent directors Neil Nanpeng Shen, Gabriel Li, JP Gan, May Yihong Wu, and Iris Yang Xiao.
Trip.com Group to announce Q1 2026 results on June 24, 2026 U.S. time
The audit committee will meet on June 24, 2026 (Hong Kong time) to approve the results, with the announcement scheduled for June 25, 2026 (Hong Kong time) before HKEX trading hours.
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Trip.com Group Limited will release its financial results for the three months ended March 31, 2026 on Wednesday, June 24, 2026, U.S. time, after market close.
Management will host a conference call at 8:00 PM U.S. Eastern Time on June 24, 2026 (8:00 AM HKT on June 25) following the announcement.
The conference call will be webcast live and archived for twelve months at investors.trip.com; participants must pre-register to receive dial-in details and a unique PIN.
The company is listed on Nasdaq (TCOM) and HKEX (9961) and operates brands including Ctrip, Qunar, Trip.com, and Skyscanner.
Trip.com Group files 2025 annual report and discloses U.S. GAAP to IFRS reconciliation
Trip.com Group Limited filed its Form 20-F annual report for fiscal year 2025 with the SEC on April 28, 2026, and published its Hong Kong annual report the same day.
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The company attached a supplemental disclosure reconciling material differences between its U.S. GAAP consolidated financial statements and IFRS.
Under IFRS, net income for 2025 was RMB 32,974 million, compared to RMB 33,386 million under U.S. GAAP.
The reconciliation covers differences in share-based compensation, leases, equity securities, equity method investments, available-for-sale debt investments, convertible senior notes, issuance costs, software classification, and business combinations.
In 2025, the company acquired a majority equity interest in a company with a purchase obligation for remaining equity, resulting in lower goodwill under IFRS than under U.S. GAAP.
Trip.com Group reports Q4 2025 net revenue of RMB15.4B, up 21% YoY; full-year revenue RMB62.4B, up 17%
Full-year 2025 net income attributable to shareholders was RMB33.3 billion (US$4.8 billion), up from RMB17.1 billion in 2024, driven by a RMB19.9 billion investment gain.
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Full-year 2025 net revenue was RMB62.4 billion (US$8.9 billion), a 17% increase from 2024; Q4 net revenue was RMB15.4 billion (US$2.2 billion), up 21% YoY.
International OTA platform bookings grew about 60% YoY in 2025, and the company served approximately 20 million inbound travelers.
Board changes effective February 25, 2026: co-founders Min Fan and Qi Ji resigned as directors; May Yihong Wu and Iris Yang Xiao appointed as independent directors.
In January 2026, the company received a SAMR investigation notice under the PRC Anti-monopoly Law; the investigation is ongoing and business operations remain normal.