NEW YORK, Nov. 1, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of Qunar (Nasdaq:QUNR), the world's most popular Chinese travel platform, commenced on The NASDAQ Stock Market on November 1, 2013.
Qunar, founded in May 2005 and headquartered in Beijing, is the world's most popular Chinese travel search platform. According to iResearch in January 2013, its website has around 75 million monthly visits. Qunar also has the most frequently used mobile travel app in China in 2012, according to CNNIC. Qunar's goal is to empower Chinese travelers to define their travel experience. Qunar is committed to providing travelers with a one-stop travel information source on both PC and mobile devices. The Company enables travelers to find the best-value deals by aggregating and processing highly fragmented travel product information from tens of thousands of travel service providers into an organized and user-friendly display through its proprietary technology.
"Through its travel search platform Qunar has revolutionized the way consumers make travel choices in China," said Nelson Griggs, Senior Vice President, NASDAQ OMX Corporate Client Group. "NASDAQ OMX is proud to welcome Qunar to our exchange and we look forward to its success as a publicly traded company."
Since its foundation, NASDAQ OMX has consistently been the exchange of choice for some of the world's largest and most revolutionary companies. By listing with NASDAQ OMX, Qunar joins leading internet and technology companies such as Google, Priceline, and TripAdvisor.
About NASDAQ OMX:
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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CONTACT: NASDAQ OMX Media Contact: Christine Barna (646) 441-5310 Christine.Barna@nasdaqomx.com
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