Fang Holdings operates a real estate internet portal, providing value-added services for China&s;s real estate and home-related sectors.
Business Model: B2C
Revenue: $0
Employees: 5,001-10,000
Address:
City: Beijing
State: Beijing
Zip:
Country: China
SouFun operates a real estate-based internet portal in China. SouFun&s;s internet portal provides marketing, e-commerce, listing, and other value-added services for the real estate and home-related sectors. It supports SouFun&s;s users in seeking information on the real estate and home-related sectors in China. SouFun currently maintains about 100 offices, mainly focused on local market needs. Its website and database contains real estate-related content covering more than 320 cities in China. The company’s database contains nearly 300,000 listings of residential and commercial properties for sale or lease, as well as more than one million listings from vendors selling furniture, electronics, and other offerings. Its online forum assembles the largest group of homeowners with over 150,000 daily posts and 42 million monthly unique visitors. SouFun was founded in 1999. The company received one million dollars of investment from IDG. In September 2010, SouFun successfully went public in the New York Stock Exchange, raising 450 million dollars.
Contact Phone:
Contact Email:
Listed Exchange:
NYSE
IPO Date:
9/17/2010
IPO Valuation:
$2B
Ticker Symbol:
SFUN
IPO Price:
$42.5/share
Amount Raised:
$125M
Opened: -/share
EBITDA | - |
Total Cash | - |
Total Debt | - |
Total Revenue | - |
Total Profit (Gross) | - |
PE Ratio | - |
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2010 | Post-IPO Equity | 2 | - |
Apax Partners General Atlantic Apax Partners General Atlantic |
3/2000 | Series B | 1 | $5M |
Goldman Sachs Goldman Sachs |
6/1999 | Series A | 1 | $1M |
IDG Capital IDG Capital |
9/2010 | Post-IPO Equity | 2 | - |
Apax Partners General Atlantic Apax Partners General Atlantic |
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