Travel Search Qunar Sets IPO Price Range to Raise up to $147 million

Qunar, China’s leading travel search and online travel booking service, has set price range at  US$9.50 and US$11.50 per ADS that totals the funding to be raised in the initial public offering up to $146.9 million, according an updated file with the SEC. The number is higher than the previous, $125 million.

The travel search filed for an NYSE IPO, under the ticker QUNR, early this month.