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eLong Inc. Message Board

  • yinvestor yinvestor Oct 16, 2013 3:13 PM Flag

    Qunar news is a bad news...

    I sold my ELONG shares and It almost reached my target for ELONG this year $24.
    Waiting for the Q3 report to see how ELONG is doing.

    The Q3 guideline is 45% growth but I am worried about the outlook.
    Apparently ELONG is relying on Qunar very much now and Qunar has more power against ELONG since
    ELONG is just one of Qunar's 1240 OTAs .

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • ELONG is claiming that Qunar has caused ELONG losing RMB 145M in just one month - September.
      How much damage would Qunar cause if Qunar completely kick ELONG out of its network?

    • Qunar is abandoning ELONG since CTRP has just joined Qunar recently.
      About 20% of ELONG's booking is coming from Qunar.

      More and more OTAs(about 1240 now) including CTRP and customers are joining Qunar(backed up by Baidu).

      If ELONG can not maintain a good relationship with Qunar, it would be kicked out of Qunar's network
      and the biggest loser is ELONG.

      Suing Qunar is clearly the last and desperate move of ELONG.

 
LONG
20.17+0.03(+0.15%)Jul 29 2:57 PMEDT

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