Phoenix Tree Holdings Ltd.

General Information
Business:

 

We are redefining the residential rental market through technology. We started Danke in 2015 to provide young people with comfortable yet affordable homes. Today, we are one of the largest co-living platforms in China with the fastest growth, according to iResearch. We established operations in 13 cities in China as of September 30, 2019 and have become a major player in each of the 10 cities that we entered into prior to June 30, 2019. We grew the number of apartment units we operated from 2,434 as of December 31, 2015 to 406,746 as of September 30, 2019, a 166-fold increase over less than four years.

Industry: OPERATORS OF APARTMENT BUILDINGS
Employees: 5205
Founded: 2015
Contact Information
Address Room 212, Chao Yang Shou Fu, 8 Chao Yang Men Nei Street, Dongcheng District, Beijing, People's Republic of China
Phone Number +86-10-5717-6925
Web Address http://www.danke.com
View Prospectus: Phoenix Tree Holdings Ltd.
Financial Information
Market Cap $2463.8mil
Revenues $864.0 mil (last 12 months)
Net Income $-442.4 mil (last 12 months)
IPO Profile
Symbol DNK
Exchange NYSE
Shares (millions): 9.6
Price range $13.50 - $13.50
Est. $ Volume $129.6 mil
Manager / Joint Managers Citigroup/ Credit Suisse/ J.P. Morgan
CO-Managers Tiger Brokers
Expected To Trade: 1/17/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change