eLong reports Q4 2013 net revenues up 25%

20 February 2014

eLong, Inc. (NASDAQ: LONG) said that hotel room nights stayed in the fourth quarter 2013 increased 48 percent to 7.4 million room nights compared to 5.0 million in the prior year period.

Excluding the fourth quarter 2012 technology change with respect to recording groupbuy room nights, room nights stayed in the fourth quarter increased 58 percent compared to the prior year period.

Hotel commission revenue for the fourth quarter increased 28% to RMB224.4m (USD37.1m), compared to RMB175.0m (USD28.1m) in the fourth quarter of 2012.

Net revenues for the fourth quarter increased 25 percent to RMB261.0m (USD43.1m), compared to RMB208.8m (USD33.5m) in the fourth quarter of 2012.

eLong, Inc. (NASDAQ: LONG) is a leader in mobile and online hotel reservations in China offering consumers a leading hotel network of domestic and international properties worldwide. eLong uses innovative technology to enable travelers to make informed hotel and air ticket booking decisions through its convenient mobile applications, websites and easy to use tools such as destination guides, photos, virtual tours, maps and user reviews. eLong´s largest shareholders are Expedia, Inc. (NASDAQ: EXPE) and Tencent Holdings Ltd. (HKSE: 0700). eLong operates websites including www.elong.com and www.elong.net.

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