
Fangdd Network Group Ltd. Class A Ordinary Shares (DUO)
Fangdd Network Group Ltd. is a technology-driven real estate services platform based in China. It provides an online marketplace that connects real estate agents, property developers, and homebuyers, offering listing services, transaction support, and other property-related solutions. The company aims to streamline real estate transactions and enhance efficiency through its digital platform.
Company News
Fangdd Network Group has agreed to purchase AI technology assets for US$34.32 million, expanding its technology-enabled real estate management capabilities through an acquisition from a British Virgin Islands company.
Fangdd Network Group Ltd. (Nasdaq: DUO), a customer-oriented property technology company in China, announced a registered direct offering of up to 3,125,000 Class A ordinary shares or pre-funded warrants at a price of $1.60 per share. The company intends to use the net proceeds for general corporate purposes.
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