DUO

Fangdd

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About DUO

Fangdd Network Group Ltd.

A leading property technology company in China, operating one of the largest online real estate marketplaces in the country

Industry

Interactive Media and Services

Established Date

09/19/2013

Listing Date

11/01/2019

Exchange

NASDAQ Stock Exchange

Full-time Employees

130

Fiscal Year Ends

12-31

Website

www.fangdd.com

Security Type

Common stock

Office address

Room 1501, Shangmei Technology Building, No. 15 Dachong Road, Nanshan District, Shenzhen, 518072, People’s Republic of China

Business

Provide new house, second-hand house, rental house, value-added and other services through the Internet platform

Introduction

Fangdd Network Group Ltd., established on September 19, 2013, is a leading Internet technology company in the field of residential services in China. It operates the largest online real estate transaction platform in China empowered by SaaS. Through the innovative use of mobile Internet technology, cloud technology and big data, we have tailored SaaS solutions for real estate brokers in China, realizing the online aggregation of key resources of real estate transactions, including real estate, customers, funds and transaction data, empowering brokers to conduct business online easily, improving their service efficiency and broadening the scope of services, and changing the way of operation of real estate brokers in China.

Company Financials

EPS

DUO has released its 2021 Q3 earnings. EPS was reported at -9.30, versus the expected 0.37, missing expectations. The chart below visualizes how DUO has performed over recent quarters, highlighting trends in earnings surprises.

Revenue & Expenses

DUO has released its 2022 Q4 earnings report, with revenue of 8.69M, reflecting a YoY change of -31.42%, and net profit of -4.75M, showing a YoY change of 94.99%. The Sankey diagram below clearly presents DUO’s revenue sources and cost distribution.