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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.

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

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