Qunar increases IPO’s price range – WSJ

Chinese travel search engine Qunar has increased the price range of its IPO of 11.1 million shares to between $12 and $14 a share, according to the Wall Street Journal. The publication also reported that Qunar plans on listing the stock on the NASDAQ under the ticker symbol “QUNR.” The company’s investors include Baidu (which owns a majority stake), GSR Ventures and Hillhouse Capital.