Fangdd Network Group Ltd. (DUO)

USD 0.69

(-12.53%)

Market Cap (In USD)

4.11 Million

Revenue (In USD)

284.95 Million

Net Income (In USD)

-91.75 Million

Avg. Volume

518.33 Thousand

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
0.32-4.67
PE
-
EPS
-
Beta Value
1.297
ISIN
US30712L3078
CUSIP
30712L109
CIK
1750593
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
Real Estate - Services
CEO
Mr. Xi Zeng
Employee Count
-
Website
https://www.fangdd.com
Ipo Date
2019-11-01
Details
Fangdd Network Group Ltd., an investment holding company, provides real estate information services through online platforms in the People's Republic of China. It operates Property Cloud, a software as a service solution for real estate sellers. The company also operates platforms for real estate agents, including Duoduo Sales, which offers real estate agents with instant access to marketplace functionalities and allows them to conduct transactions on the go; Duoduo Cloud Agency that provides a suite of tools and services to agencies to migrate business management from offline to online; Duoduo Cloud Sales, which connects agents to property database and buyer base, allowing them to source, manage, and complete transactions online; and provides supply-chain financial products and support transactions, as well as online and offline, and project-specific training and guidance services. In addition, it operates Fangduoduo that offers personalized services to potential real estate buyers; and provides information matching, real estate agency, financial, and channel services. Further, the company operates www.fangdd.com that offers real estate agents and real estate buyers region-specific real estate news, information, property data, and access to shared-interest online communities; and offers data analysis services. As of December 31, 2021, its marketplace had approximately 378 thousand active agents and covers 157 million properties in China. The company was founded in 2011 and is headquartered in Shenzhen, the People's Republic of China.