Fangdd Network Group Ltd.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Xi Zeng
- Full Time Employees
- 134
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- RM2403-2406, Qianhai Shimao Building Shenzhen People's Republic of China 518066
- IPO Date
- Nov 1, 2019
- CIK
- 0001750593
- Website
- fangdd.com
- Similar Companies
- Business
- Fangdd Network Group Ltd. (Nasdaq: DUO), an investment holding company founded in 2011 and headquartered in Shenzhen, People's Republic of China, provides real estate transaction digitalization services through an online platform primarily targeting real estate agents, developers, buyers, and sellers in China. The company offers Property Cloud, a software-as-a-service (SaaS) solution enabling real estate sellers to manage transactions; Duoduo Sales and Duoduo Cloud Sales, mobile and cloud-based platforms connecting agents to property databases, buyer bases, and transaction tools; Fangduoduo, a personalized service platform for potential buyers; and additional offerings including information matching, asset management, real estate agency services, integrated marketing, online/offline training, and guidance for agents and developers. It operates predominantly in the Chinese real estate services sector, leveraging mobile internet, cloud computing, big data, and artificial intelligence to facilitate agent-customer connections, property listings, capital access, and transaction data management, with approximately 134 employees serving the fragmented intermediary market. In September 2025, Fangdd entered an agreement to acquire artificial intelligence-related assets from a British Virgin Islands entity for $34.32 million to bolster its technology-enabled real estate management services, including potential earnout payments in Class A ordinary shares based on future revenue performance and an expected closing within three months; earlier, in April 2024, the company acquired a 75% stake in Shenzhen Yuanjing Tribe Technology Co., Ltd., as part of ongoing strategic expansions amid a challenging macroeconomic environment in China's property sector.
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