Fangdd Network Group (NASDAQ:DUO) Ltd (NASDAQ: DUO) operates an online real estate transaction services platform in China, connecting property developers, brokers and individual homebuyers. The company offers a suite of cloud-based software tools and marketplace solutions designed to streamline property listings, marketing campaigns and customer relationship management for real estate agencies and developers.
Through its SaaS platform, Fangdd delivers tools for multi-channel listing distribution, virtual property tours, lead generation and transaction management. The platform aggregates residential and commercial property data and applies analytics to help brokers optimize pricing, track performance and manage sales pipelines. By integrating marketing, CRM and data-driven insights, Fangdd aims to improve efficiency across the entire sales lifecycle.
Fangdd’s revenue model is built on subscription fees for its software offerings, listing fees charged to developers and brokerages, and transaction-based commissions. The company serves both primary-market developers seeking to promote new projects and secondary-market brokers handling resales. Its platform supports a nationwide network of real estate partners, with regional offices in major Chinese cities to provide localized customer support.
Founded in the early 2010s and headquartered in Guangzhou, Fangdd Network Group completed its initial public offering on the Nasdaq Stock Market in 2018. The company continues to expand its service footprint across China’s key property markets, led by a management team with deep experience in technology and real estate services.
