International consumer-facing brand of Trip.com Group. Offers flights, hotels, trains, and packages with strong Asia inventory.
Trip.com Group announced 19 rectification measures, ending forced exclusivity and price controls on hotels, and filed a 6-K formalizing China's record ¥5.18 billion antitrust penalty.
China's market regulator has confiscated ¥1.66 billion in illegal gains and fined Trip.com Group ¥3.52 billion — roughly $765 million in total — for abusing its dominant position in hotel bookings. The company says it accepts the decision.
A US securities firm has filed a class action against Trip.com Group over its AI pricing tool, which automatically lowered hotel rates on the platform and triggered a Chinese antitrust investigation in January 2026.