The main development history of Soufun.com

In September 1995, the "China Real Estate Index System" sponsored by the China Real Estate Association, the Development Research Center of the State Council, and China Real Estate Development Group passed the highest-level appraisal hosted by the Development Research Center of the State Council. In February 1998, Mo Tianquan presided over the research and completion of the theoretical and operational design of the "Urban Typical Residential Index System", China's first scientific tool that reflects the domestic real estate micro market, in Silicon Valley, USA. In June 1999, SouFun Holdings was formally established. The development path of SouFun was the first expansion. In the second half of 2001, companies were established in Beijing, Shanghai, Shenzhen, Chongqing, Hong Kong, and Tianjin. The second expansion was in 2004. Companies in Wuhan, Nanjing, Chengdu, and Jinan were established. The third expansion was in Shenyang in March 2005. , Qingdao, Suzhou, Wuxi, Changzhou, Nanchang, Changsha, Fuzhou, Huizhou, Dongguan, Xi'an, Kunming, Nanning. The company was established for the fourth expansion in August 2005. Zhengzhou, Hefei, Xiamen, Guiyang, Shijiazhuang, Hainan, Ningbo, Wenzhou, Companies in Taiyuan, Changchun, Harbin, Dalian, Lanzhou, Zhongshan, Foshan, and Kunshan were established for the fifth expansion. In October 2006, companies in Yantai, Tangshan, Xuzhou, Shaoxing, Nantong, Lianyungang, Zhanjiang, Yangzhou, Weifang, and Hohhot were established for the sixth expansion. In September 2007, Soufun expanded to Taizhou, Mianyang, Baoding, Xining, Wujiang, Lishui, Jiaxing, and Jilin for the seventh time. In December 2008, Soufun expanded to 106 cities and now covers 314 cities. Soufun Capital Road Million Level: In 1999, Investment support from International Data Group (idg). In March 2000, Goldman Sachs invested US$5 million. In July 2005, French media giant Trader Classified Media invested 200 million yuan (US$22.5 million) and became the owner of 15 shares of Soufun. Billions: September 2006: Telstra, a Fortune 500 company, invested US$254 million (RMB 2 billion) in Soufun. This investment was one of the largest private equity investments in the history of China's Internet.