Trip.com

About

Trip.com is a travel agency offering comprehensive services such as hotel reservations, air ticketing, packaged tours, and more.

Singapore,Central Region,Singapore
10001 - max
https://www.trip.com

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $1.50B
Industries: Hospitality,Tourism,Travel
Founded date: May 1, 1999
Number Of Employee: 10001 - max
Operating Status: Active
Stock Symbol: vie:CTRP
Legal Name: Trip.com Travel Singapore Pte. Ltd.
Also Known As: 携程,Xiecheng,Ctrip.com International, Ltd.

Trip.com is a Chinese travel agency offering comprehensive services including hotel reservations, air ticketing, packaged tours, high-speed rail ticket booking, and corporate travel management.Trip.com offers over 1,000 packaged tours to both domestic Chinese and overseas destinations, departing from six major Chinese cities (Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, and Chengdu) and serving over 10,000 individual travelers monthly. Trip.com Group is a provider of travel services including accommodation reservation, transportation ticketing, packaged tours, and corporate travel management.

The company owns and operates the Trip.com, Skyscanner, and Ctrip.com, all of which are online travel agencies. It enables local partners and travelers to make informed and cost-effective bookings for travel products and services, through the aggregation of comprehensive travel-related information and resources, and an advanced transaction platform consisting of mobile apps, internet websites, and 24/7 customer service centers. Founded in 1999 and listed on Nasdaq in 2003, Trip.com Group was established in Shanghai, China by co-founders Neil Shen, Min Fan, Qi Ji, and James Liang.

Founded in 1999, Ctrip was listed on NASDAQ in December 2003. It has successfully integrated high-tech industries and traditional travel industry to serve over 40 million registered members. The Ctrip group includes members like lvping, Xingcheng ezTravel, csshotel, and sozhen.com. Its major competitors are elong, aoyou.com, and mangocity.com.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$1.50B

Trip.com has raised a total of $1.50B in funding over 2 rounds. Their latest funding was raised on Dec 2, 2022 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 2, 2022	Post-IPO Debt	$1.50B	—	—	—	Detail
May 14, 2017	IPO	—	—	—	—	Detail
Dec 1, 2014	Private Equity（PE）	—	1	Capital Today	—	Detail
Mar 1, 2000	Series A	—	3	—	—	Detail
Oct 1, 1999	Seed	$500K	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

20

10

Trip.com has made 20 investments. Their most recent investment was on Oct 18, 2022, when Mason raised $1.70M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 18, 2022 Mason	Pre-seed	$1.70M	Analytics	—
Oct 4, 2022 Horizon Blockchain Games	Series A	$40M	Blockchain	—
Jun 26, 2019 AVIA CENTER	Series C	—	Software	Yes
Feb 18, 2019 Yunji Technology	Series B	—	Consumer	—
Aug 17, 2018 Hinabian	Series B	—	Document Management	Yes

Investors

Number of Lead Investors

Number of Investors

1

4

Trip.com is funded by 4 investors. Capital Today and IDG Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Capital Today	Yes	Private Equity（PE）
IDG Capital	—	Series A
SAIF Partners	—	Series A
SIIC Investment	—	Series A

Employee Profiles

Number of Employee Profiles

11

Trip.com has 11 current employee profiles, including Executive Neil Shen

Executive

Executive

Executive

Executive

Executive

Exits

Trip.com has had 5 exits. Trip.com most notable exits include Joint Wisdom , eHi Car Rental

Date	Company Name	Exit Type	Industry
May 18, 2016	Joint Wisdom	IPO	Big Data	Detail
Nov 18, 2014	eHi Car Rental	IPO	Automotive	Detail
May 9, 2014	Tuniu	IPO	E-Commerce	Detail
Aug 20, 2010	MakeMyTrip.com	M&A	Internet	Detail
Nov 5, 1997	China Eastern Airlines	IPO	Air Transportation	Detail

Acquisition

Trip.com has acquired 5 organizations. Their most recent acquisition was ToursForFun on Jan 7, 2014. They acquired ToursForFun for 0.

Date Company Name	Industry	Acquisition Type	Price
Jan 7, 2014 ToursForFun	E-Commerce	—	—	Detail
Jan 7, 2015 Travelfusion	Software	acquisition	$ 160M	Detail
Jul 23, 2015 Suanya	Apps	acquisition	$ 16M	Detail
Nov 24, 2016 Skyscanner	Internet	acquisition	£ 1.40B	Detail
Nov 1, 2017 Gogobot	Business Travel	acquisition	—	Detail