SouFun reports a good quarter, prepares to expand its e-commerce

05 Jun 2013
Despite a challenging year in 2012, SouFun Holdings, operator of China’s leading real estate portal, has had a good first quarter, mainly due to its e-commerce business. The firm has decided to step up this business outside the tier-one cities where it has been most successful up to now. Total revenue grew to $91 million U.S. in the first quarter, representing almost a 56 percent increase compa

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