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PublicNYSE:QUNR
Date11/2013
Raised
Post IPO Valuation

General Information

Offices

Beijing, CHN
Room 1602-1606, Tower B, China Electric Plaza
No.3 Danling Street, Haidian District
Beijing, 100080, CHN

People

CEO and Co-Founder
CFO
CTO
Vice President
Vice President
Board Observer & Investor
Executive Vice President
Boards

Investments

Rong360 2012

Funding

TOTAL $388M
FUNDING TOTAL $388M
Series B, 11/2007
Lehman Brothers
GSR Ventures
Mayfield Fund
$10M
Venture Round, 11/2009
Mayfield Fund
GSR Ventures
Tenaya Capital
GGV Capital
$15M
Private Equity, 6/2011
Baidu
$306M
Private Equity, 4/2013
Baidu
Hillhouse Capital
GGV Capital
$57M

Tags

Qunar.com

As a leading mainland search engine, Qunar is currently the world’s largest Chinese-language online travel information provider.

As an innovative technology company, Qunar aims to provide Chinese travelers with most comprehensive and accurate travel information, and bring China’s travel industry online and mobile. Working on helping travelers to make the best travel choice, Qunar organizes enormous information and provides thorough and instant search of flights, hotels, packages, group-buying deals, visa and other travel-related information by its accessible, humanistic, and avant-garde technology. Qunar believes in technology innovation and is committed to providing diversified solutions to travelers on the road through its mobile platform.

Qunar, founded in February, 2005 and headquartered in Beijing, Baidu invested US$306 million in Qunar and became Qunar’s majority shareholder on June 24, 2011.

A survey by mainland consulting firm iResearch showed that the number of monthly visits to Qunar.com reached around 75 million in January 2013, beating all mainland travel sites. The total number of activated users for Qunar’s mobile app hit more than 34 million by the end of March.

In 2013, Qunar searches over 700 Chinese online travel web sites, covering more than 100,000 hotels, 11,000 domestic and international air routes, around 40,000 holiday packages and 25,000 tourist sites. Qunar also provides group-buying deals in more than 100 Chinese cities.

Qunar faces stiff competition from Elong and Ctrip.

Recent Milestones

Videos

Screenshots

Qunar.com screenshot
Above: Qunar.com Screenshot -- #1
Uploaded: 2/11/14

Stock Price

Sources

  1. Online Lending Search Rong360 Reportedly Raised $30 million in Series B (technode.com) [edit]
  2. Chinese Online Travel Search Engine Qunar.com Has Raised $10M (thealarmclock.com) [edit]
  3. Chinese Travel Search Engine Qunar Raises $15 Million (paidcontent.org) [edit]
  4. Baidu Makes $306 Million Strategic Investment In Chinese Travel Search Engine Qunar (techcrunch.com) [edit]
  5. Baidu, Hillhouse & GGV Reportedly Invest $57M In Qunar As The Chinese Travel Site Weathers A Boycott (techcrunch.com) [edit]
  6. Chinese Travel Search Qunar Files for An NYSE IPO to Raise $125 million (technode.com) [edit]
    VC-backed Qunar hits $167m IPO (altassets.net) [edit]
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Last Edited 3/4/14

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