Online travel · Flight & hotel booking · Packaged & corporate travel
Trip.com Group
China's largest online travel platform, a global OTA offering flight, hotel, and package bookings. Hang Seng Index constituent. Baseline node ahead of value-chain research; promoted to a full node once AI question demand is observed.
9961.HK Updated Jul 12, 2026 4 AI consumers· 2 recurring
Per the valuechain.wiki graph, Trip.com Group is directly linked to 1 companies (0 supply, 0 revenue, 1 investment relationships) and reaches 2 companies within two hops; the links are backed by 1 dated sources, 1 of them primary filings (as of 2026-07-12).
Financials & Segments
- Total revenue · approx. CN¥44.5B (FY2023)
- Segments · Accommodation reservation · Transportation ticketing · Packaged & corporate travel
Revenue from
No refined links yet.
Pays to
No refined links yet.
Investors
- 바이두 (지분법 투자자) Medium confidence
Baidu is a strategic investor holding a Trip.com Group stake by the equity method.
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| Trip.com Group | node | · | +44.5 | -3 | +95.8 | -12.2 | -32.4 |
| Baidu | benef1 | · | -8.2 | -23.4 | -13.5 | +74.2 | -37.2 |
| NVIDIA | benef2 | +125.5 | -50.3 | +239 | +171.2 | +38.9 | +23.7 |
YTD as of 2026-09-04 · source: Yahoo Finance