7. Intangible Assets, Net


	As of December 31,
	2009			2010
	$			$
Intangible assets not subject to amortization are comprised of the following:
Trademark		698,787			720,473
Intangible assets subject to amortization are comprised of the following:
Customer contracts		3,353,240			3,343,892
Non-compete agreements		1,612,112			2,074,417
Computer software licenses		2,027,248			2,422,026
License agreements with SINA		80,660,000			80,660,000
Advertising agency agreement		106,790,000			106,790,000
Database license		8,300,000			8,300,000
Customer relationship		5,788,603			7,443,088
Favorable lease term		2,428,110			2,428,110


		210,959,313			213,461,533
Less: Accumulated amortization
Customer contracts		(2,903,452	)		(3,343,892	)
Non-compete agreements		(388,634	)		(768,887	)
Computer software licenses		(661,625	)		(1,013,890	)
License agreements with SINA		(2,016,500	)		(10,082,500	)
Advertising agency agreement		(2,617,402	)		(13,087,010	)
Database license		(244,118	)		(1,220,589	)
Customer relationship		(40,622	)		(541,014	)
Favorable lease term		(91,054	)		(212,459	)


Intangible assets subject to amortization, net		201,995,906			183,191,292


Total intangible assets, net		202,694,693			183,911,765

Amortization expense was $1,227,840, $6,378,659 and $21,341,362 for the years ended December 31, 2008, 2009 and 2010, respectively. The Group expects to record amortization expense of $21,463,277, $21,110,912, $21,399,974, $20,869,913 and $20,617,177 for the years ending December 31, 2011, 2012, 2013, 2014 and 2015, respectively.