The emergence of high speed mobile networks and phablets increasingly provides the middle class in China with online access that didn't exist in previous years. Qunar calls itself the leading search-based commerce platform for the travel industry in China. It is in heavy competition with Ctrip amongst others in the fast growing switch by Chinese consumers to make travel reservations online and more importantly via the latest mobile gadgets. With the recent $500 million investment by Priceline Group in Ctrip, Qunar faces stiff competition despite its strong bloodlines via the largest shareholder of Baidu. The company is quickly taking market share via heavy spending on marketing and development expenses to build out the platform. With the stock trading flat for the first year of its public life, now might be the time for investors to start learning more about the company and the large investment opportunity. For Q214, Qunar produced growth that would be mind-boggling to most companies if it wasn't from China. The online travel firm provided the following highlights: Total revenues grew 127.3% YoY to reach $64.5 million and mobile revenue grew 511.8% YoY to reach $22.9 million for 35.5% of total revenues. Get the full story at Seeking Alpha (free registration)