Silver Lake has led an investment totalling $500m in Qunar.

Silver Lake, the global leader in technology investing has led an investment totalling $500m in Qunar, a leading mobile and online travel platform. Silver Lake has made a $330m investment, while another investor contributed $170m. Qunar will use the capital to continue to expand its mobile presence, grow business lines and further enhance technology capabilities. "Silver Lake's technology-enabled travel industry expertise and strong track record in value creation make it the ideal partner for Qunar as we move into our next phase of growth. The capital will help the company fuel its rapid expansion and pursue a leadership position in China's travel industry across all segments." Chenchao Zhuang, Qunar CEO.