OverviewSuggest Edit

Fangdd (房多多) is a residential online real-estate company developing a convergence service platform. The company uses an online-to-offline (o2o) business model in the Internet real-estate market. It is committed to offering real-estate developers, agents, home buyers, and sellers a real-estate platform providing accurate information about properties, services, and transactions.

TypePublic
Founded2011
HQShenzhen Shi, CN
Websitefangdd.com

Latest Updates

Employees (est.) (Nov 2019)931(-43%)
Revenue (FY, 2018)¥2.3 B(+27%)
Share Price (Jan 2020)$15.3

Key People/Management at Fangdd

Yi Duan

Yi Duan

Co-Founder, Chairman of the Board of Directors and Chief Executive Officer
Xi Zeng

Xi Zeng

Co-Founder, Director and Chief Operating Officer
Jiancheng Li

Jiancheng Li

Co-Founder, Director and Chief Technology Officer
Li Xiao

Li Xiao

Director and Vice President
Ronald Cao

Ronald Cao

Director
Huaxin Wen

Huaxin Wen

Financial Controller
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Fangdd Office Locations

Fangdd has an office in Shenzhen Shi
Shenzhen Shi, CN (HQ)
15 Ke Yuan Lu, 科技园 Nanshan Qu
Show all (2)

Fangdd Financials and Metrics

Fangdd Revenue

Embed Graph
View revenue for all periods
Fangdd's revenue was reported to be ¥2.28 b in FY, 2018 which is a 26.9% increase from the previous period.
CNY

Revenue (Q2, 2019)

948.2m

Gross profit (Q2, 2019)

222.2m

Gross profit margin (Q2, 2019), %

23.4%

Net income (Q2, 2019)

85.5m

EBIT (Q2, 2019)

66.5m

Market capitalization (22-Jan-2020)

901.6m

Closing stock price (22-Jan-2020)

15.3

Cash (30-Jun-2019)

532.0m

EV

764.6m
Fangdd's current market capitalization is $901.6 m.
Annual
CNYFY, 2016FY, 2017FY, 2018

Revenue

1.5b1.8b2.3b

Revenue growth, %

22%27%

Cost of goods sold

1.2b1.4b1.8b

Gross profit

228.4m381.6m476.6m
Quarterly
CNYQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

344.3m688.3m551.4m656.0m948.2m

Cost of goods sold

276.4m534.9m442.6m534.5m726.0m

Gross profit

67.9m153.4m108.8m121.5m222.2m

Gross profit Margin, %

20%22%20%19%23%
Annual
CNYFY, 2016FY, 2017FY, 2018

Cash

1.0b573.7m443.6m

Accounts Receivable

194.3m827.8m1.4b

Prepaid Expenses

158.2m194.1m211.0m

Current Assets

1.8b2.7b2.4b
Quarterly
CNYQ2, 2019

Cash

532.0m

Accounts Receivable

1.9b

Prepaid Expenses

187.6m

Current Assets

2.8b
CNYFY, 2016FY, 2017FY, 2018

Net Income

(332.1m)649.0k104.0m

Depreciation and Amortization

24.6m30.4m14.3m

Accounts Payable

52.0m338.4m534.8m

Cash From Operating Activities

(177.3m)(674.4m)129.5m
CNYY, 2019

EV/EBIT

11.5 x

Revenue/Employee

572.9k

Debt/Equity

0.5 x

Debt/Assets

0.1 x

Financial Leverage

3.3 x
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Fangdd Operating Metrics

FY, 2016FY, 2017Q2, 2018FY, 2018Q2, 2019

Agents

24.13 k26.75 k14.39 k39.45 k30.07 k

Average Number of Lead Agents

516.15 k687.74 k911.10 k1.07 m

Gross Merchandise Volume

¥68.60 b¥73.90 b¥45.60 b¥113.70 b¥91.30 b

Transactions

61.57 k76.89 k35.98 k91.56 k73.13 k
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Fangdd Acquisitions / Subsidiaries

Company NameDateDeal Size
Fangdd International Holding Ltd.
Fangdd Network Holding Ltd.
Kunming Fangdd Real Estate Agent Co.
Nanjing Fangdd Network Technology Co
Shanghai Fangdd Information Technology Co.
Shanghai Fangdd Network Technology Co
Shanghai Fangdd Software Technology Co.
Shanghai Fangdiantong Network Technology Co.
Shanghai Fanghaoduo Network Technology Co.
Shenzhen Fangdd Information Technology Co
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Fangdd Revenue Breakdown

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Fangdd revenue breakdown by business segment: 100.0% from Innovation initiatives and other value-added services

Fangdd revenue breakdown by geographic segment: 100.0% from Base commission from transactions

Fangdd Online and Social Media Presence

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Fangdd News and Updates

Fangdd Expands into Parking Space Transaction Services

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 ag…

Fangdd Frequently Asked Questions

  • When was Fangdd founded?

    Fangdd was founded in 2011.

  • Who are Fangdd key executives?

    Fangdd's key executives are Yi Duan, Xi Zeng and Jiancheng Li.

  • How many employees does Fangdd have?

    Fangdd has 931 employees.

  • What is Fangdd revenue?

    Latest Fangdd annual revenue is ¥2.3 b.

  • What is Fangdd revenue per employee?

    Latest Fangdd revenue per employee is ¥2.5 m.

  • Who are Fangdd competitors?

    Competitors of Fangdd include Lianjia, Warburg Realty and Redfin.

  • Where is Fangdd headquarters?

    Fangdd headquarters is located at 15 Ke Yuan Lu, 科技园 Nanshan Qu, Shenzhen Shi.

  • Where are Fangdd offices?

    Fangdd has an office in Shenzhen Shi.

  • How many offices does Fangdd have?

    Fangdd has 2 offices.