Qunar (QUNR) Posts Q2 Loss of $0.72/ADS
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Qunar Reports Second Quarter 2016 Financial Results
August 31, 2016 7:00 PM EDTBEIJING, Sept. 01, 2016 (GLOBE NEWSWIRE) -- Qunar Cayman Islands Limited (NASDAQ: QUNR) (Qunar or the Company), Chinas leading mobile and online travel platform, today announced its unaudited financial results for the second quarter ended June 30, 2016.
Highlights for the Second Quarter of 2016
Total revenues for the second quarter of 2016 were RMB1,030.8 million (US$155.1 million), an increase of 17.0% year-on-year. Gross profit for the second quarter of 2016 was RMB765.4 million (US$115.2 million), an increase of 20.7% year-on-year. Mobile revenues for the second quarter of 2016... More