Qunar Restructures, Implying Imminent IPO?

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In January this year, Chinese OTA (online travel agency) Qunar told us that it planned to go public once market stabilized. While according to the latest updates from insiders, the Beijing-based company is packing for an IPO in the States no later than the first half of 2013.

Qunar created a new option pool to motivate employees. On the other hand, It is said that Qunar just restructured into two departments with the introduction of a stricter staff performance system.

Chinese concept stocks have seen some indication of recovery with a rise of 15% in general since the beginning of the year. According to data from China Venture, the IPO of four VC/PE-backed companies in November brought a return of RMB 6.06 billion to 10 investors.