Tourism service provider Qunar.com under Baidu Inc. (Nasdaq: BIDU) has gotten listed on the NASDAQ.
According to IPO price range fixed for USD 15 per ADR, financing of Qunar.com will reach USD 167 million. The figure will swell to USD 192 million if over-allotment options exercised by underwriters.
Prospectus submitted by Qunar.com to the Securities and Exchange Commission (SEC) revealed total users of 243 million by June 2013, including 200 million PC end users and 39.6 million mobile end users.
Source:
http://www.sinocast.com/readbeatarticle.do?id=101351
