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M&A Deal Summary

Trip.com Group Acquires Trip.com

On November 1, 2017, Trip.com Group acquired internet software and services company Trip.com

Acquisition Highlights
  • This is Trip.com Group’s 7th transaction in the Internet Software and Services sector.
  • This is Trip.com Group’s 1st transaction in the United States.
  • This is Trip.com Group’s 1st transaction in California.

M&A Deal Summary
Date 2017-11-01
Target Trip.com
Sector Internet Software and Services
Buyer(s) Trip.com Group
Deal Type Add-on Acquisition

Target

Trip.com

Palo Alto, California, United States
Gogobot, Inc. is a travel community application that allows user to plan and book for hotels, flights and destinations. Gogobot, Inc. was established in 2010 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

Trip.com Group

Singapore, Singapore
Category Company
Founded 1999
Sector Consumer Services
Employees41,073
Revenue 53.3B CNY (2024)
DESCRIPTION

Trip.com Group provides online and offline travel information and reservation services company. Trip.com Group was founded in 1999 and is based in Singapore.

DEAL STATS #
Overall 11 of 11
Sector: Internet Software and Services M&A 7 of 7
Type: Add-on Acquisition M&A Deals 8 of 8
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-03 TangRen World

China

TangRen World is a full-service agency for Chinese travellers abroad by offering bespoke in-destination products.

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