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Update: Qunar Confirms $15m Financing  

Posted on Nov 12, 2009 | 19:11

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Beijing-based travel search engine Qunar.com confirmed it has received third-round financing of $15 million from GGV Capital as lead investor and co-investors Mayfield Fund, GSR Ventures, Tenaya Capital, donews.com reported November 12. The company said it intends to use the funds for branding, marketing and market development, according to the report.

Previous reports said the company had secured funding worth tens of millions of dollars.

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