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In November 2016, a Chinese company Trip.com Group (formerly Ctrip) bought Skyscanner for $1.75 billion. [14] Following the sale to Ctrip, Skyscanner's largest shareholder, SEP, completed its exit from the business. [15] In 2017, Ctrip bought the Trip.com domain and launched Trip.com. The original platform became a subsidiary of Skyscanner. [16]
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The company was founded as Ctrip.com by James Liang, Neil Shen, Min Fan, and Qi Ji in June 1999. [6] [7]The company was listed on the NASDAQ in 2003 through a variable interest entity (VIE) based in the Cayman Islands in a Merrill Lynch-led offering, raising US$75 million from the sale of 4.2 million American depositary receipts at $18 each.
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Trip.com is an international one-stop travel service provider, available in 24 languages across 39 countries and regions in 35 local currencies.. The site provides booking services for flights, hotels, trains, car rentals, airport transfers, tours and attraction tickets, and claims to offer more than 1.2 million hotels in 200 countries and regions, as well as over 2 million flight routes ...
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