Qunar Announces Travel SaaS Platform Group Led by David Yongqiang Wu

Qunar Cayman Islands Limited

today announced an organizational realignment designed to establish, elevate and empower three key business groups in support of the Company's strong growth trajectory. The realignment reflects Qunar's commitment to building strong business groups and supporting a corporate culture that is agile, innovative and entrepreneurial. The Company has created a new Travel SaaS Platform group that will be led by Mr. David Yongqiang Wu, who has been named Executive Vice President of the Company and CEO of the newly established group. Qunar offers open platform services and SaaS systems to travel service providers in China, focusing in the near term on supporting our hotel partners, and plans to further expand its offerings to all online and offline players in the market through this business group. Mr. Wu was previously Qunar's CTO, and in his new role, he will continue to oversee Qunar's technology and product development and will continue to carry out the Company's strategy of becoming the technology backbone for the entire travel industry in China. The Company also announced today the elevation of the Hotels Business Unit