in Monday, two people familiar with the matter said that Baidu's travel reservation service (qunar.com) plans to go to the U.S. IPO (initial public offering) or raise $150 million trillion.
One person familiar with the matter said where to discuss the IPO with Deutsche Bank and Goldman Sachs. Two people familiar with the matter also said where to begin the IPO in the fourth quarter of this year.
Baidu 2011 to 306 million U.S. dollars to buy where most of the stake, and thus enter the tourism market. Where to go currently covers about 1250 travel agencies, 125,000 routes, and 468,000 hotels.
Where to? CEO Zhungchengsu said in January this year that the company will double its revenue this year to 1 billion yuan (about 1.63 U.S. dollars). Currently, where to go main revenue mode for advertising. By the end of June this year, where to have about 43 million users. Zhungchengsu also said: "This year, we plan to recruit hundreds of software engineers." ”