Deutsche Bank Downgrades Qunar Cayman Islands (QUNR) to Hold

Go back to Deutsche Bank Downgrades Qunar Cayman Islands (QUNR) to Hold

Qunar Reports Fourth Quarter and Fiscal Year 2015 Financial Results

March 16, 2016 6:00 PM EDT

BEIJING, March 16, 2016 (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 fourth quarter and fiscal year ended December 31, 2015.

Highlights for the Fourth Quarter and Fiscal Year 2015

Fourth Quarter 2015

Total revenues for the fourth quarter of 2015 were RMB1,294.0 million (US$199.8 million), an increase of 149.0% year-on-year.Gross profit for... More