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Fangdd Network Group Ltd. (DUO)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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0.2190-0.0142 (-6.09%)
At close: 04:00PM EDT
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Fangdd Network Group Ltd.

Unit B2, Kexing Science Park
18th Floor 15 Keyuan Road, Technology Park Nanshan District
Shenzhen 518057
China
86 755 2699 8968
https://www.fangdd.com

Sector(s)Real Estate
IndustryReal Estate Services
Full Time Employees604

Key Executives

NameTitlePayExercisedYear Born
Mr. Yi DuanCo-Founder, Chairman & Co-CEON/AN/A1978
Mr. Xi ZengCo-Founder, CO-CEO & DirectorN/AN/A1982
Mr. Jiancheng LiCo-Founder & CTON/AN/A1974
Ms. Jiaorong PanCFO & DirectorN/AN/A1980
Ms. Li XiaoVP & DirectorN/AN/A1964
Ms. Linda LiDirector of Capital Markets DepartmentN/AN/AN/A
Mr. Huaxin WenFinancial ControllerN/AN/A1980
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Fangdd Network Group Ltd. operates as an online real estate marketplace in the People's Republic of China. The company operates Duoduo Sales for real estate agents to access primary and other property listings, large real estate buyer base, and marketplace products and services, such as shared listings, data analytic tools, premium marketplace functions, and AI-based marketplace assistance, as well as evaluate online business performances; and Duoduo Cloud Agency that provides a suite of tools and services to agencies manage their business and agents. It also operates Fangduoduo, which offers primary and secondary listings, vacation properties, and real estate market news and pricing information services; Property Cloud, a SaaS solution for real estate developers for listing properties, publishing commission rates, and setting other terms in connection with the sale; and www.fangdd.com that offers real estate agents and real estate buyers region-specific real estate news, information, property data, and access to shared-interest online communities. The company offers core management system, which enables agencies and agents to perform their daily operation, such as managing listings, serving real estate buyers, and cooperating with other marketplace participants; online shops that enable agents to reach, connect, and engage with a range of real estate buyers and sellers, which integrates their online and offline operations with its management system; and agent verification and ranking systems. It also provides real estate information solutions, which offers real-estate related information to agents, consisting of property and neighborhood information, transaction history, data, and other market insights; online sales and marketing solutions; and online education systems. As of December 31, 2020, its marketplace had approximately 1.6 million real estate agents. The company was founded in 2011 and is headquartered in Shenzhen, the People's Republic of China.

Corporate Governance

Fangdd Network Group Ltd.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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