Company: TCOM
Filing Date: 2025-01-06
Form Type: CORRESP
Source: 0001193125-25-001781
Chunk: 1

Company: Trip.com Group Ltd
Filing Date: 2025-01-06
Form: CORRESP
Chunk 1
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 laws or regulations relating to
VIE structures will be adopted or, if adopted, what they would provide. If we or any of the VIEs is found to be in violation of any existing or future PRC laws or regulations, or fail to obtain or maintain any of the required permits or approvals,
the PRC regulatory authorities would have discretion to take action in dealing with such violations or failures. See “Item 3. Key Information—D. Risk Factors—Risks Relating to Our Corporate Structure—PRC laws and
regulations restrict foreign investment in the travel agency and value-added telecommunications businesses, and uncertainties exist with respect to the application and implementation of PRC laws and regulations” and
“Item 3. Key Information—D. Risk Factors—Risks Relating to Our Corporate Structure—Our business may be significantly affected by the PRC Foreign Investment Law.”

Division of Corporation Finance Office of Trade & Services Securities and Exchange Commission January 6, 2025 Page 3 We face various legal and operational risks and uncertainties relating to doing business in China. Our business operations are primarily conducted in China, and we are subject to complex and evolving PRC laws and regulations. For example, the PRC government has issued statements and regulatory actions relating to areas such as the use of contractual arrangements in certain industries, regulatory approvals on overseas offerings and listings by, and foreign investment in, China-based issuers, the use of the VIEs, anti-monopoly regulatory actions, and oversight on cybersecurity and data privacy. As the regulatory developments relating to these areas may change from time to time, substantialuncertainties remain in relation to their interpretation and implementation. […] […] D. Risk Factors Summary of Risk Factors […] Risks Relating to Our Corporate Structure

| • |     | PRC laws and regulations restrict foreign investment in the travel agency and value-added telecommunications                                                                                                                     
 businesses, and substantial uncertainties exist with respect to the application and implementation of PRC laws and regulations. For more details, see “Risk Factors—Risks Relating to Our Corporate Structure—PRC laws and       
 regulations restrict foreign investment in the travel agency and value-added telecommunications businesses, and substantial uncertainties exist with respect to the application and implementation of PRC laws and regulations.” |

| • |     | […] |

[…] Risks Relating to Our Corporate Structure PRC laws and regulations restrict foreign investment in the travel agency and value-added telecommunications businesses, and substantialuncertainties exist with respect to the application and implementation of PRC laws and regulations. […]