Chinese Internet Travel Site Receives Funding Round

Chinese Internet travel search engine Qunar has reportedly received a round of financing worth US$10 million.

According to published media reports, Lehman Brothers Private Equity Partners led the financing for the oddly named search engine that means "where are you going" in the Beijing dialect. With previous funding from funds like GSR Ventures and Mayfield, now the company will use the money to capture more users from around the country.