Summit Research Cuts Price Target on Qunar (QUNR) to $36 Following 2Q15
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Qunar Reports Second Quarter 2015 Financial Results
August 24, 2015 5:30 PM EDTBEIJING, Aug. 24, 2015 (GLOBE NEWSWIRE) -- Qunar Cayman Islands Limited (NASDAQ: QUNR) ("Qunar" or the "Company"), China's leading mobile and online travel platform, today announced its unaudited financial results for the second quarter ended June 30, 2015.
Highlights for the Second Quarter of 2015
Total revenues for the second quarter of 2015 were RMB881.0 million (US$142.1 million), an increase of 120.0% year-on-year. Gross profit for the second quarter of 2015 were RMB634.1 million (US$102.3 million), an increase of 115.1% year-on-year. Mobile revenues for the second quarter of 2015 were RMB600.1 million... MoreQunar Reports Second Quarter 2015 Financial Results
August 24, 2015 5:30 PM EDTBEIJING, Aug. 24, 2015 (GLOBE NEWSWIRE) -- Qunar Cayman Islands Limited (NASDAQ: QUNR) ("Qunar" or the "Company"), China's leading mobile and online travel platform, today announced its unaudited financial results for the second quarter ended June 30, 2015.
Highlights for the Second Quarter of 2015
Total revenues for the second quarter of 2015 were RMB881.0 million (US$142.1 million), an increase of 120.0% year-on-year. Gross profit for the second quarter of 2015 were RMB634.1 million (US$102.3 million), an increase of 115.1% year-on-year. Mobile revenues for the second quarter of 2015 were RMB600.1 million... More