Online Travel in China Continues to Innovate; Two Leading Se
BEIJING, Oct. 25 /Xinhua-PRNewswire/ -- Qihoo.com, a community search platform with over 20 million unique visitors, and Qunar.com, China’s largest travel search engine with 10 million unique users, announced today the launch of a new, innovative service titled “360 Degrees Travel”. 360 Degrees Travel combines Qunar’s real-time pricing information for flights and hotels with Qihoo’s community services and user-generated content.
"This is a great opportunity for our customers. As China’s largest community search and aggregation service, we are looking forward to working with Qihoo.com. The cooperation between Qunar.com and Qihoo.com better meets demand for personalized travel information," said Dai Zheng, Vice President at Qunar.com.
"Qunar’s comprehensive search services for flights, hotels and deals will prove to be an excellent platform," commented Chen Jie, Deputy Editor-in-Chief of Qihoo.com. "This cooperation is a win-win-win deal for consumers. Qunar.com and Qihoo.com will set a fine example of successful innovation for the entire industry."
Qihoo.com, a leading Chinese internet technology company, independently developed the PeopleRank search technology. Qihoo.com facilitates access to information and meets requirements of people on intelligence sharing and exchange via technical innovations and applications. Founded in September 2005, Qihoo.com has received investment totaling US$20 million from top venture investors from home and abroad, such as Sequoia Capital, CDH Investments, IDG and Matrix in less than 200 days after its founding. Subsequently, in November of the same year, Qihoo.com received additional investment from Highland Capital Partners, Redpoint Ventures, Sequoia Capital, Matrix and IDG. Qihoo.com has been selected as one of the companies with the Best Investment Value, the Most Innovative Company and the Company with the Highest Growth Potential in many surveys and ratings.
Based in Beijing, Qunar.com is a vertical search engine that focuses on providing the most comprehensive and accurate pricing information for travel services. Qunar’s users are able to search and compare prices for flights and accommodation -- all the information that travelers need before AAAAAA a purchase decision. Launched in May 2005, the web site has quickly become one of the top travel media in China and is recognized as the “new star” in the Chinese online travel space. Qunar offers an audience that represents China’s upwardly mobile new generation of consumers who are frequent travelers, comfortable with online transactions and willing to spend a significant amount of their disposable income on traveling to new and exciting places. Qunar means “Where are you going?” in Mandarin Chinese.