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Qunar now up 19% since Q4 report

Mar. 18, 2015 1:39 PM ETQunar Cayman Islands Limited (QUNR) StockQUNRBy: Eric Jhonsa, SA News Editor
  • Qunar (QUNR +7.8%) has surged to new 52-week highs today as the Street continues reacting to the Chinese online travel agency's Q4 beat, strong mobile growth, and solid Q1 guidance.
  • JG Capital's Henry Guo is pleased with Qunar's declining dependence on its Baidu Zhixin JV (as organic mobile traffic accounts for a larger % of revenue). "We consider the trend a positive as share dilution due to Zhixin partnership should be much less than expected." Marketing spend related to the JV totaled $40.3M in Q4.

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Qunar Cayman Islands Limited