xinhua silk road logo xinhua silk road logo
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

maritime silk road search
Company

Fangdd.com submits IPO filing to US SEC on Wed.

October 09, 2019


Abstract : China’s online real estate trading platform Fangdd.com officially submitted its IPO application to the US Securities and Exchange Commission (SEC) on Wednesday, the Xinhua-run Shanghai Securities News reported.

BEIJING, Oct. 9 (Xinhua) – China's online real estate trading platform Fangdd.com officially submitted its IPO application to the US Securities and Exchange Commission (SEC) on Wednesday, the Xinhua-run Shanghai Securities News reported.

According to the report, it might become the first stock of China's industrial Internet Software as a Service (SaaS).

Data shows that by the end of December this year, among nearly 2 million property brokerage firms in China, the number of registered brokers in the platform exceeded 910,000 and the penetration rate surpassed 45 percent.

Founded in 2011, the Shenzhen-based company earned about 100.3 million yuan in net profits in the January-June period of this year.

(Edited by Yang Yifan, [email protected])

Scan the QR code and push it to your mobile phone

Keyword: Fangdd.com

Reading:

China's e-commerce logistics business rises in September: survey

World's longest double-deck suspension bridge opens to traffic

2019 World Canal Cities Forum & World Canals Conference held in E China's Yangzhou

E.China Huai'an hosts cuisine activities eyeing to join UNESCO Creative Cities Network

China's largest desert off-road festival attracts 1.2 mln participants

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial