SouFun Announces Second Quarter 2015 Results
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SouFun Holdings (SFUN) Announces $1B Investment from IDG, Carlyle
August 7, 2015 7:48 AM EDTSouFun Holdings (NYSE: SFUN) has entered into memorandums of understanding ("MOUs") with IDG China Capital Fund III LLP ("IDG") and Carlyle Group (Carlyle) in which IDG, Carlyle, and the management (mainly founder and CEO Vincent Mo) will invest a total amount no more than US$1 billion (of which 50% will be convertible notes) to purchase the company's new Class A ordinary... More
SouFun Holdings (SFUN) Reports In-Line Q2 EPS; Boosts FY15 Revenue Outlook
August 7, 2015 7:42 AM EDTSouFun Holdings (NYSE: SFUN) reported Q2 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $210.9 million versus the consensus estimate of $201 million.
SouFun also has entered into memorandums of understanding ("MOUs") with IDG China Capital Fund III LLP ("IDG") and Carlyle Group (Carlyle) in which IDG, Carlyle, and the management (mainly founder and CEO Vincent Mo) will invest a total amount no more than US$1 billion (of which 50% will be convertible notes) to purchase the... More
