Fangdd Network Group

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Fangdd Network Group Ltd. is an investment holding company, which engages in the provision of real estate information services through its online platform. It also offers integrated marketing services for individual customers, real estate developers, and agents. The company was founded by Yi Duan, Xi Zeng, and Jian Cheng Li in October 2011 and is headquartered in Shenzhen, China.

SHENZHEN, China, March 26, 2021 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.

FangDD Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results

SHENZHEN, China, March 22, 2021 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced that it plans to release its fourth quarter and full year 2020 financial results before the market opens on Friday, March 26, 2021.

FangDD to Announce Fourth Quarter and Full Year 2020 Financial Results on March 26, 2021

Fangdd Network Group went public in November 2019, securing $78 million in gross proceeds in its U.S. IPO. The firm operates an online transaction and services platform for real estate agents, buyers and sellers in China.

Fangdd Network Rebounds But Faces Intense Industry Competition

The stock price of Fangdd Network Group Ltd (NASDAQ:DUO) increased 50.52% over the past week. This is why it happened.

DUO Stock Price Increases 50.52% Over The Past Week: Why It Happened

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Fangdd Network Group Limited (DUO) CEO Zeng Xi on Q3 2020 Results - Earnings Call Transcript

Shares of Fangdd Network Group (NASDAQ:DUO) moved lower by 10.12% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 42.86% year over year to $0.08, which missed the estimate of $0.20.

Fangdd Network Group: Q3 Earnings Insights

SHENZHEN, China, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or the “Company”), a leading property technology company in China, today announced that it has entered into a share transfer and capital increase agreement (the “Agreement”) with Shanghai Yuancui Information Technology Co., Ltd. (“Shanghai Yuancui”), a company providing technology-enabled solutions, franchise branding, and operational efficiency improvements for agents and agencies in the real estate brokerage industry. Currently, Shanghai Yuancui has more than 400 offline stores. Centaline (China) Property Agency Limited, a subsidiary of leading real estate brokerage firm Centaline Group, is a shareholder of Shanghai Yuancui.

FangDD Announces Strategic Partnership With Shanghai Yuancui

SHENZHEN, China, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced its unaudited financial results for the third quarter ended September 30 2020.

FangDD Reports Third Quarter 2020 Unaudited Financial Results

SHENZHEN, China, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced that it plans to release its third quarter 2020 financial results after the market closes on Thursday, November 19, 2020.

FangDD to Announce Third Quarter 2020 Financial Results on November 19, 2020

Fangdd Network Group Ltd (DUO) CEO Zeng Xi on Q2 2020 Results - Earnings Call Transcript

SHENZHEN, China, Aug.  14, 2020  (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced its unaudited financial results for the second quarter ended June 30, 2020. 

FangDD Reports Second Quarter 2020 Unaudited Financial Results

NEW YORK, June 11, 2020 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Fangdd Network Group Ltd. ("FangDD" or the "Company") (NASDAQ: DUO). Investors who purchased Fangdd securities are encouraged to...

DUO Investor Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Fangdd Network Group Ltd. and Encourages Investors to Contact the Firm

Fangdd Network (NASDAQ: DUO) shares are trading lower after the company reported first-quarter earnings results.

Why Fangdd Network's Stock Is Trading Lower Today

SHENZHEN, China, June  10, 2020  (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced its unaudited financial results for the first quarter ended March 31, 2020. 

FangDD Reports First Quarter 2020 Unaudited Financial Results

SHENZHEN, China, June  10, 2020  (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or the “Company”) is a leading property technology company in China. In light of the increases in the price and trading volume of the Company’s American depositary shares (“ADSs”) on June 9, 2020, FangDD stated that its policy is not to comment on unusual market activity or speculative matters. The Company cautions investors that the trading price of the Company’s ADSs could be subject to significant volatility for various reasons that are out of the Company’s control. Further information regarding this and other risks relating to the Company’s ADSs is included in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission.

FangDD States Its Policy Not to Comment on Unusual Market Activity or Speculative Matters

SHENZHEN, China, April  15, 2020  (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or “the Company”), a leading property technology company in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on April 15, 2020 Eastern Time. The annual report can be accessed on the Company’s investor relations website at http://ir.fangdd.com. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

FangDD Filed 2019 Annual Report On Form 20-F

SHENZHEN, China, March  11, 2020  (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or the “Company”), a leading property technology company in China, today announced an initiative to optimize its organizational structure through the creation of new senior management positions. The structural optimization is an essential step of FangDD’s overarching strategy focused on refining its service offerings, expanding market leadership, and improving operating performances.

FangDD Announces New Management Positions to Optimize Organizational Structure

SHENZHEN, China, March  06, 2020  (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or the “Company”), a leading property technology company in China, today announced a donation of approximately RMB1 million worth of medical supplies and equipment to hospitals in China’s Hubei Province to help combat the COVID-19 outbreak. The donation includes medical safety glasses, sterile gloves, hazmat suits, and facemasks, all of which were procured through international channels. In addition, the Company implemented a series of measures to ensure a safe and efficient operating environment for real estate agents and customers on its platform.

FangDD Announces Donation of Medical Equipment and Measures to Support Real Estate Agents Nationwide

SHENZHEN, China, Dec.  31, 2019  (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ: DUO) (“FangDD” or the “Company”), a leading property technology company in China, today announced that it has expanded its business to include parking space sales on its platform.  The Company has entered into agreements with Shenzhen Jinyiyun Supply Chain Technology Co., Ltd. (“Shenzhen Jinyiyun”) and relevant real estate agents on its platforms, pursuant to which the Company leverages the real estate agents on its platform to provide parking space transaction services for Shenzhen Jinyiyun. 

News for Fangdd Network Group Stock (DUO)