Kerr Neilson the founder and manager of Platinum Asset Management, is bullish on NASDAQ listed Qunar Cayman Islands

Kerr Neilson the founder and manager of Platinum Asset Management, is bullish on NASDAQ listed Qunar Cayman Islands. According to a recent filing with the Securities and Exchange Commission, the billionaire investor has initiated a new position for his fund through the acquisition of 1.57 million shares, representing 12.3% of the company's stock. Qunar operates an online travel platform for clients in the People's Republic of China. The company has a market cap of $3.28 billion with reported revenues of $41.5 million, a 74.2% year-over-year increase. The Company listed in 2011 and is majority held by tech firm Baidu. Full report on the following link: (VIEW LINK)


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