On the Record · Trip.com Group
Trip.com Group acquisitions, on the record
The businesses Trip.com Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
QunarWord for word“Our strategic investments, including our historical transactions such as our acquisition of shares of Qunar in 2015 and any transactions to be contemplated in the future, have been and may continue to be subject to PRC regulatory authorities’ scrutiny from anti-monopoly perspective from time to time.” 20-F for 2023 | acquisition | 2015 | — |
Chengdu Ctrip Travel Agency Co., Ltd.Word for word“In December 2024, we terminated the contractual arrangements with Chengdu Ctrip Travel Agency Co., Ltd. and acquired it as our wholly-owned subsidiary.” 20-F for 2024 | acquisition | In December 2024 | — |
34,372,221 Class B ordinary shares of MakeMyTrip LimitedWord for word“In June 2025, we entered into a share repurchase agreement, as amended and restated, with MakeMyTrip Limited (“MakeMyTrip”), an investee of our company, to sell 34,372,221 Class B ordinary shares that we held to MakeMyTrip for an aggregate consideration of approximately US$3.0 billion for cancellation.” 20-F for 2025 | divestiture | June 2025 | approximately US$3.0 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $1.32 billion |
| 2017-12-31 | $47.4 million |
| 2019-12-31 | $31 million |
| 2020-12-31 | $147 million |
| 2021-12-31 | $7 million |
| 2022-12-31 | $1 million |
| 2023-12-31 | $0 |
| 2024-12-31 | −$167 million |
| 2025-12-31 | $108 million |
Read from Trip.com Group’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.