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Long-Term Loans (Tables)
9 Months Ended
Sep. 30, 2012
Long-Term Loans Payable

 

Due date    Principal amount  
   RMB      US$  

October 30, 2012

     23,000         3,660   

January 30, 2013

     23,000         3,660   

April 30, 2013

     23,000         3,660   

July 30, 2013

     23,000         3,660   

October 30, 2013

     25,000         3,976   
  

 

 

    

 

 

 
     117,000         18,616   
  

 

 

    

 

 

 

On July 19, 2011, the Company borrowed a two-year unsecured loan of RMB2,199,680 (US$350,000) from Goldman Sachs Lending Partners LLC at an annual interest rate of 1.30%. The loan was used to finance the acquisition of Qunar and is due on July 14, 2013.