Finished the privatization process and delisted in America.
Growth of the hotel business of Qunar in 3rd and 4th tier provincial cities is about 90% year on year. Signed Zhao Liying as the spokesperson for Qunar.
The daily room night was over 1 million, which was the top 1 in the medium-low level market. In early October, the Hotel Division of Qunar had achieved the net profit for a whole quarter. Qunar and Ocean Management Limited had a privatization agreement with 4.44 billion equity valuation. The deal would see the profit bringing to Ocean Management Limited had a privatization agreement with 4.44 billion equity valuation. The deal would see the profit bringing to Ocean Management Limited, Ctrip as well as other related stock holders.
Qunar announced that the board of directors of the company had got a preliminary offer related to non-binding privatization per share from Ocean Management Limited.
According to the online travel statistics posted by Quest Mobile-a famous company focused on big data in China, the mobile terminal of Qunar, Ctrip Travel, and Ali Travel was the top 3 of the industry, with the number of 45.07million, 36.01million, and 7.58million. Qunar’s user engagement is the best of them.
Qunar provide the consumer with Apple Pay as a new payment, which is both fast and safe.
Qunar declares the beginning of Hotel Service Year, in which we have 4 strategies to improve the overall experiences for the consumer.
Qunar’s mobile application was named as the best Chinese original travel app of 2011 by Apple China.
Qunar gained the most traffic share of 42% among Chinese travel websites, according to Experian Hitwise’s monthly user traffic report.
Qunar and Baidu announced a definitive agreement under which Baidu has committed to make a US$306 Million investment in Qunar and become the majority shareholder of Qunar. The investment is the largest in Baidu’s history and the largest in Chinese online travel industry. Qunar continues to operate independently.
Qunar established strategic partnership with China Tourism Academy.
Qunar became the world’s largest Chinese-language hotel review platform with more than 1 million user generated hotel reviews.
Qunar was honored by AlwaysOn as one of the AlwaysOn Global 250 winners, the only travel website to win this award.
Qunar is among the top 10 most popular travel websites and the only private company on the list, according to Google DoubleClick Ad Planner.
Qunar received third round financing of million from GGV Capital as lead investor and co-investors Mayfield Fund, GSR Ventures, Tenaya Capital.
According to iResearch, Qunar.com ranked the top with the most quarterly visits of flight ticket business among all the travel websites.
With high quality users and extensive user base, Qunar was rated as China’s No.1 travel media and No.3 in Asia Pacific region by ComScore.
Qunar completed second round financing from Mayfield Fund, GSR Ventures, and Tenaya Capital.
Qunar completed first round financing from Mayfield Fund and GSR Ventures.
Qunar, the first ever travel search engine in China, was co-founded by Douglas Khoo, Fritz Demopoulos, and CC Zhuang. For the first time, Chinese travelers were able to compare prices and features for flights and hotels online.