Where to? NET Q4 wireless revenue for the first time to achieve total revenue 50% leading global peers

Beijing time March 17 Morning news, China's leading online and wireless tourism platform where to go the network (NASDAQ:QUNR) today released the fourth quarter of 2014 as at December 31, 2014 and the full year of unaudited financial reports. Data show where to go net 2014 the fourth quarter of the total revenue of 519.8 million yuan, an increase of 107.1%. 2014 total revenue for the year 1.7568 billion yuan, an increase of 106.5%.

and specific to wireless, air tickets, hotel business, to where the net with its consistent high growth rate again surprised investors.

Q4 wireless revenue for the first time to achieve total revenue of 50% leading global peers

According to where to go the net recently released earnings data shows: 2014 The fourth quarter wireless revenue was 257.5 million yuan, an increase of 400.7%, accounting for 49.5% of total revenue. accounts for 52.3% of income paid for by effect ("P4P"). 2014 Annual wireless revenue for 708.7 million yuan, an increase of 434.9%.

At this rate of growth, where will the network wireless growth of 300% per quarter, continued to the sixth quarter.

"The wireless business is still the main driver of our growth. In the fourth quarter of 2014, wireless revenue accounted for the first 50% of total revenue, and wireless bookings accounted for 46% of total airfares, and 70% of Hotel nights. We will further expand the mobile user base, increasing the frequency of user usage. "Where to go?" said Zhungchengsu, CEO and co-founder of the network.

Where are you going? NET wireless revenue reaches nearly half of total revenue, leading the global peers. Global online travel giants, such as Expedia, do not have the same share of revenue on the wireless side.

Mobile Wireless is an irreversible trend in the future, the industry also has the "wireless people have the world" said. Where to go? The wireless performance of the net bright eye, originates from 3 years ago the accurate investment vision, takes the lead in the industry to invest vigorously in the wireless domain, and continues to present.

Ticket growth for the entire industry six times times the number of votes to stabilize the first

According to where to go the net 2014 Q4 earnings show, the four quarter total ticket volume of 24.6 million, year-on-year growth of 61.8%, compared to 2014 Q3 57% of the growth of further acceleration. As of 2014 all year round, where to go net ticket total of 83.9 million, an increase of 64%, for the average growth rate of more than 6 times times.

In the P4P income, the fourth quarter of 2014, ticket and ticket-related income of 344.4 million yuan, an increase of 116.1%. P4P ticket income year-on-year growth is mainly due to the total ticket volume of 61.8% year-on-year growth, as well as the average income per ticket 33.6% year-on-year growth. And in the annual P4P income, ticket and ticket related income is 1.1712 billion yuan, an increase of 112.5%. P4P ticket income year-on-year growth is mainly due to the total ticket volume of 64% growth, as well as a single ticket average income of 29.6% growth.

It is worth mentioning that the number of tickets from the mobile end continues to grow. 2014 Q4 earnings showed that the fourth quarter of the total number of wireless bookings accounted for 46%, accounting for a relatively Q3 43% further rise.

In addition, 2014, where to go online international ticket business growth momentum, the annual growth rate of 400%, the industry is quite shocked.

Data from the China Civil Aviation Administration show that China's civil aviation completed a total of 390 million passengers a year in 2014, an increase of 10.6%, which means that the average of about 1.07 million people travel by plane every day. 2014, where to go net daily output of about 230,000 tickets, accounting for more than 20% of the total number of votes in the country, continue to dominate the market first position.

Q4 hotels are up to 107.7% faster than four times times the world's industry

According to where the net earnings show, the total number of nights in the fourth quarter of 2014 was 8.9 million nights, a 107.7% increase over the same period last year, exceeding 84.6% growth in the third quarter.

This time, where to go net in the fourth quarter hotel overnight growth rate of more than 100%, and art dragon growth is only 27%, to where the net growth is 4 times times.

Compared with the global online tourism companies, according to public information, 2014 Q3 Priceline Hotel overnight growth rate of 24%, visible, to where network hotel night volume up to 107.7% of the growth is rare, to reach 4 times times the same industry. From the order of magnitude of the hotel reservation, where to go the network currently has a capacity of up to 770,000 hotels worldwide, and Expedia currently has only 600,000 hotels to book.

From the hotel camp to watch, where to go net hotel p4p income of 102.2 million yuan, an increase of 76.8%. Hotel P4P income year-on-year growth was mainly attributable to a 107.7% per cent year-on-year increase in hotel night totals, and partly offset by a year-on-year drop of 14.9% for each night average income. And the hotel's annual p4p income of 347.3 million yuan, an increase of 79%. Hotel P4P income year-on-year growth was mainly attributable to a 98.1% per cent increase in hotel nights, and partly offset by a 9.7% drop in nightly average income. This growth is far ahead of other peers.

"We are very pleased that we have achieved excellent results in 2014 years of investment in technology and product channels." "Where to go?" Sun Ganghui, chief financial officer of the net, said, "The total number of hotel direct sales accounted for 66%. We will continue to implement investment plans firmly and rigorously to promote the long-term growth of the network. ”

Where are you going? Zhungchengsu, CEO and co-founder of the network, said, "2014 is where the first year after the IPO, but also a year of outstanding results." The company's three consecutive quarterly revenue growth rate of more than 100%. In the fourth quarter of 2014, the total number of tickets and hotel night total strength growth, combined with the average income per ticket and the healthy growth of each night average income, where to go to the network line of business revenue to achieve full growth. ”