Qunar Reports First Quarter 2015 Financial Results
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Summit Research Remains Bullish Towards Ctrip.com (CTRP) Ahead of Possible Price War with Qunar (QUNR)
June 3, 2015 7:13 AM EDTSummit Research reiterates a Buy rating and $122.00 price target on Ctrip.com (NASDAQ: CTRP) after analysis shows CTRP coming out on top if price war intensifies. CTRP shares were pressured due to concerns of a price war between CTRP and Qunar (NASDAQ:... More
Qunar (QUNR) Posts Q1 Loss of 96c/ADS
June 2, 2015 6:10 AM EDTQunar (NASDAQ: QUNR) reported Q1 EPS of ($0.96), $0.55 worse than the analyst estimate of ($0.41). Revenue for the quarter came in at $108.3 million versus the consensus estimate of $101.56 million.
Mobile revenues for the first quarter of 2015 were RMB398.5 million (US$64.3 million), an increase... MoreQunar (QUNR), Silver Lake Announce $500M Investment Round
June 2, 2015 6:01 AM EDTQunar (NASDAQ: QUNR) and Silver Lake, the global leader in technology investing, today announced that Silver Lake has led a strategic investment round totaling $500 million in the company in the form of 2% Senior Unsecured Convertible Notes with an initial conversion price of $55 per ADS. Silver Lake has made... More
