Fangdd Network Group

General Information
Business:

Our mission is to make it easy for real estate agents to do business and empower them to achieve their dreams. We are aligned with the agents on our platform and our products and services are designed to help them grow and succeed. Through innovative use of mobile internet, cloud and big data, we are a pioneer of the PropTech industry in China. We have fundamentally revolutionized the way real estate agents conduct business through our SaaS-based solutions that help to connect them with essential business resources, including customers, property listings, capital and transaction data. Our software empowers agents to easily conduct business online, improve productivity and broaden the scope of their services.

Industry: REAL ESTATE
Employees: 1655
Founded: 2011
Contact Information
Address 18/F, Unit B2, Kexing Science Park, 15 Keyuan Road, Technology Park, Nanshan District, Shenzhen, 518057, People’s Republic of China
Phone Number +86-755-2699-8968
Web Address http://www.fangdd.com
View Prospectus: Fangdd Network Group
Financial Information
Market Cap $619.2mil
Revenues $400.1 mil (last 12 months)
Net Income $12.1 mil (last 12 months)
IPO Profile
Symbol DUO
Exchange NASDAQ
Shares (millions): 6.0
Price range $13.00 - $13.00
Est. $ Volume $78.0 mil
Manager / Joint Managers Morgan Stanley/ Citigroup/ UBS Investment Bank/ CICC/ AMTD
CO-Managers -
Expected To Trade: 11/1/2019
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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