Qunar is a Chinese online travel site that operates travel search services and has developed hotel search and mobile apps. After Baidu's 2011 investment the company’s search results were integrated into Baidu’s travel vertical. Qunar is currently facing a boycott by third-party service providers following changes to its operational and pricing policies. Reports suggest the company may have raised prices to boost revenue and profits ahead of an initial public offering. The company has received multiple investments over time, though its valuation after the latest round is unclear. Market conditions and increased regulatory scrutiny are cited as factors that could delay its IPO. Qunar, founded in 2005, operates a travel search portal in China that allows consumers to search for air and rail tickets, hotels, and tour packages. The site also offers group-buying deals and user discussion forums for reviews. It lists more than 11,000 air routes and 102,000 hotels worldwide and is described as one of the most frequented travel search engines in China. Qunar had previously raised $25 million from outside investors. Baidu has made a $306 million strategic investment that will make it Qunar's majority shareholder. The deal establishes a strategic partnership under which Baidu and Qunar will cooperate in certain areas of online travel search. Qunar operates the travel search engine qunar.com, providing travel search services. The company is based in Beijing, China. It raised $15M in its third round of equity funding. The round was led by GGV Capital with participation from Tenaya Capital, Mayfield Fund and GSR Ventures. The company said the funds will be used to expand its markets.

Total raised

$378M

Funding rounds

3

Latest round

Equity

Latest activity

Apr 2013