Travel search and service provider Qunar just filed with the SEC, planning to raise $125 million in an IPO on the NYSE under the ticker QUNR.
Incorporated in 2005, the company received $306 million in investment in June 2011 from Baidu who now owns 61% of Qunar. As of June 2013, the company has 1699 employees.
Apart from a travel search, Qunar also operates a marketplace for online travel agencies with transactions being powered by an in-house developed system named TTS (Total Solution).
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