After the release of the financial report, Qunar officially admitted a fact: Ctrip had indeed made a tender offer to it not long ago, but Mexico Phone Number List Qunar rejected it. Previously, there have been rumors that the two companies may merge. For these two companies, it seems that there is only one way out: either Mexico Phone Number List come together and share the value increase, or die and suffer the loss of both short- and medium-term profitability and the loss of value. So what would be the effect if they did merge.

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If the combined value of Ctrip Qunar is US$25-30 billion] Last year, Ctrip’s revenue was 7.3 billion yuan, a year-on-year increase Mexico Phone Number List of 36%, and Qunar’s revenue was 1.76 billion yuan, a year-on-year increase of 106.5%. Gross profit margins are above 70%. If combined, the new company's growth rate Mexico Phone Number List in the next few years will be expected to remain at 60%~70%, or even higher, and profitability will be significantly improved. Comparing to Priceline's valuation level, the new company's The conservative valuation will reach $25 billion to $30 billion, far exceeding the current market capitalization of the two companies combined.