Qunar is a Chinese-language online travel information provider and mainland search engine for web-based and mobile users.
Aiming to help travelers make suitable choices, Qunar organizes enormous information and provides thorough and instant search results for flights, hotels, packages, group-buying deals, visa, and other travel-related information through its accessible, humanistic, and avant-garde technology. Qunar also provides group-buying deals in more than 100 Chinese cities.
Qunar was reported to have around 75 million monthly visitors and 34 million activated mobile app users, based on a survey by mainland consulting firm iResearch. As of 2013, Qunar searches over 700 Chinese online travel web sites, covering more than 100,000 hotels, 11,000 domestic and international air routes, 40,000 holiday packages, and 25,000 tourist sites.
Founded in February 2005 in Beijing, Qunar received a US$306 million investment from Baidu, which became Qunar’s majority shareholder on June 24, 2011. Its main competitors are Elong and Ctrip.
Funding Rounds (8) - $890MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Jun, 2015||$500M / Post Ipo Equity||—||—||1|
|Nov, 2013||undisclosed amount / Venture||—||—||1|
|Apr, 2013||$57M / Private Equity||—||GGV Capital||3|
|Jun, 2011||$306M / Undisclosed||—||Baidu||1|
|Nov, 2009||$15M / Series C||—||GGV Capital||4|
|Nov, 2007||$10M / Series B||—||Lehman Brothers||3|
|Nov, 2006||$900k / Series B||—||—||1|
|Aug, 2006||$1.1M / Series A||—||—||1|
Current Team (6)Update
Board Members and Advisors (3)Update
|Jun 17, 2016||Digital News Asia (SE Asia) - From entrepreneur to angel: Douglas Khoo’s journey|
|Jan 11, 2016||ChinaTechNews - Consumer Complaints Cause China's Major Airlines To Dump Qunar.com|
|Dec 16, 2015||Bloomberg - China Women's Fashion Sites Said to Explore Possible Merger|
|Nov 13, 2015||Business Wire - GetYourGuide Raises $50 Million Growth Round Led By KKR|
|Nov 13, 2015||PE HUB - KKR leads $50 mln growth investment in GetYourGuide|
|Nov 1, 2015||Bloomberg - Chinese ADRs Rally Fifth Week as Ctrip, Qunar Surge on Merger|
|Oct 5, 2015||investor.qunar.com - Press Release - Qunar Ltd.|
|Jul 7, 2015||ChinaTechNews - China's Online Travel Sector Finds Big New Investment - ChinaTechNews.com - The Technology Source for the Latest Chinese News on Internet, Computers, Digital, Science, Electronics, Law, Security, Software, Web 2.0, Telecom, and Wireless Industries|
Bldg. 18, Yard 29, Viva Plaza Suzhou Street
Room 1602-1606, Tower B, China Electric Plaza
No.3 Danling Street, Haidian District
Beijing, Beijing 100080