- Fiscal 2025 total revenues grew 17% to RMB62.5 billion (US$8.9 billion), with accommodation reservation up 21% to RMB26.1 billion and transportation ticketing up 11% to RMB22.5 billion; net income attributable to Trip.com reached RMB33.4 billion (US$4.8 billion). Platform scale at year-end included approximately 1.7 million global accommodation listings, flights from over 680 airlines, more than 60,000 ecosystem partners, over 350,000 in-destination activities, and more than 90% of transaction orders executed via mobile channels; headcount grew to 43,574 from 41,073 a year earlier.
- In June 2025 Trip.com agreed to sell 34,372,221 Class B ordinary shares of MakeMyTrip Limited back to MakeMyTrip for approximately US$3.0 billion; the transaction closed in July 2025 and Trip.com recorded a RMB15.2 billion gain. After the sale, Trip.com retained roughly a 17% equity interest and remained MakeMyTrip's largest minority shareholder, continuing to account for the investment under the equity method.
- Trip.com reported ongoing deployment of AI products including WenDao/TripGenie (an intelligent travel assistant for itinerary planning and information gathering) and Trip.Planner (an AI-powered one-stop travel planning hub), and stated it had completed certain filings or registrations with PRC authorities for its Ctrip mobile application and relevant AI products such as WenDao and Trip.Planner. Product development investment for the year was RMB15.1 billion (US$2.2 billion), a 15% year-over-year increase.
- During 2025 the company faced multiple PRC local regulatory actions, including a Guizhou Province meeting (August 2025), a Zhengzhou City rectification notice (September 2025) citing violations of the PRC E-Commerce Law and anti-unfair competition provisions related to platform pricing restrictions, and a Guiyang City inquiry (September 2025). As a subsequent event, in January 2026 the SAMR commenced a formal investigation into whether Trip.com has abused a dominant market position under the PRC Anti-Monopoly Law; the company stated it was cooperating and could not predict timing or outcome. In March 2026 a putative securities class action (De Wilde v. Trip.com Group Limited, E.D.N.Y.) was filed alleging that prior annual-report statements were misleading in light of the SAMR notice.
- Under its regular capital return policy, Trip.com's board approved in February 2025 a cash dividend of US$0.30 per ordinary share/ADS (approximately US$200 million in aggregate) and authorized share repurchases up to US$400 million; in August 2025 the board authorized an additional US$5 billion share repurchase program. During fiscal 2025 the company repurchased 10,016,014 ADSs/ordinary shares at a weighted average price of US$61.25, for total cash outflow of approximately RMB4.4 billion (US$629 million).
- The company's Country Retreats rural-tourism program, in its fifth year, operated 28 jointly-operated properties across 13 Chinese provinces, municipalities, and autonomous regions at year-end, adding five new locations in 2025 (including Inner Mongolia, Guangdong, Zhejiang, Shandong, and Xinjiang). Country Retreats recorded a 21% year-over-year increase in room nights, an approximately 8% increase in accommodation revenue, and a 15% increase in non-room revenue in 2025, and directly created over 400 jobs with cumulative employment impact of roughly 51,000 over five years.
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