Fangdd Network Group To Acquire Cloud Computer Technology Patents In China For $35M; Part Of Strategy To Expand Into Tech-Enabled Real Estate Management; Seller Entitled To Earnout Payments Up To $15M Based On Revenue Generated Through 2026

6/24/24 8:05:11 AM ET

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Fangdd Announces Pricing of US$5 Million Registered Direct Offering
SHENZHEN, China, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ:DUO) ("FangDD" or the "Company"), a customer-oriented property technology company in China, today announced that it has entered into a securities purchase agreement with certain investors (the "Purchase Agreement") for the issuance and sale by the Company of US$5 million of Class A ordinary shares (or pre-funded warrants in lieu thereof), at a price of US$0.7 per share (or US$0.6994375 per pre-funded warrant), in a registered direct offering. The Purchase Agreement contains representations, warranties and other provisions customary for transactions of this nature. The offering is expected to close on or a
11/7/24 2:20:00 PM ET
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FangDD Regains Compliance with Nasdaq Minimum Bid Price Requirement
SHENZHEN, China, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. ("FangDD" or the "Company") (NASDAQ:DUO) today announced that the Company received a notification letter (the "Compliance Notice") from the Nasdaq Stock Market LLC ("Nasdaq"), dated October 10, 2024, indicating that the Company regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). As previously announced, the Company was notified by Nasdaq on December 13, 2023 that the Company was not in compliance with the Minimum Bid Price Requirement as the bid price of the Company's American depositary shares ("ADSs") previously rep
10/11/24 8:00:00 AM ET
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FangDD Announces Pricing of US$4.5 Million Registered Direct Offering
SHENZHEN, China, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (NASDAQ:DUO) ("FangDD" or the "Company"), a customer-oriented property technology company in China, today announced that it has entered into a securities purchase agreement with certain investors (the "Purchase Agreement") for the issuance and sale by the Company of US$4.5 million of Class A ordinary shares (or pre-funded warrants in lieu thereof), at a price of US$0.88 per share (or US$0.8794375 per pre-funded warrant), in a registered direct offering. The Purchase Agreement contains representations, warranties and other provisions customary for transactions of this nature. The offering is expected to close on o
10/10/24 2:05:00 PM ET
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Real Estate
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FangDD Reports Third Quarter 2021 Unaudited Financial Results
SHENZHEN, China, Nov. 19, 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 third quarter ended September 30, 2021. Third Quarter 2021 Financial Highlights Revenue in the third quarter of 2021 decreased by 57.8% to RMB 169.2 million (US$26.3 million) from RMB401.4 million in the second quarter of 2021. Because of the continuous downturn status of real estate market and the corresponding measures that the Company has taken to reduce its business scale, the revenue in the third quarter of 2021 did not meet our expectation made in the second qua
11/19/21 5:00:00 AM ET
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FangDD to Announce Third Quarter 2021 Financial Results on November 19, 2021
SHENZHEN, China, Nov. 15, 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 third quarter 2021 financial results before the market opens on Friday, November 19, 2021. The Company's management team will hold a Direct Event conference call on Friday, November 19, at 7:30 A.M. Eastern Time (or 8:30 P.M. Beijing Time on the same day) to discuss the financial results. Details for the conference call are as follows: Event Title:Fangdd Network Group Ltd Third Quarter 2021 Earnings Conference CallConference ID:#6464869Registration Link:http://apac.directeventreg.
11/15/21 7:00:00 AM ET
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FangDD Reports Second Quarter 2021 Unaudited Financial Results
SHENZHEN, China, Aug. 13, 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 second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights Revenue in the second quarter of 2021 increased by 37.9% to RMB401.4 million (US$62.2 million) from RMB291.0 million in the first quarter of 2021.Net loss was RMB139.0 million (US$21.5 million) in the second quarter of 2021, which included provision of allowance for doubtful accounts on accounts receivable from certain real estate developers of RMB79.1 million (US$12.2 million) in response to
8/13/21 6:00:00 AM ET
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Fangdd Network Group To Acquire Cloud Computer Technology Patents In China For $35M; Part Of Strategy To Expand Into Tech-Enabled Real Estate Management; Seller Entitled To Earnout Payments Up To $15M Based On Revenue Generated Through 2026

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Press Releases

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Fangdd Announces Pricing of US$5 Million Registered Direct Offering

FangDD Regains Compliance with Nasdaq Minimum Bid Price Requirement

FangDD Announces Pricing of US$4.5 Million Registered Direct Offering

$DUO
SEC Filings

SEC Form 6-K filed by Fangdd Network Group Ltd.

SEC Form 424B5 filed by Fangdd Network Group Ltd.

SEC Form 6-K filed by Fangdd Network Group Ltd.

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Large Ownership Changes

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SEC Form SC 13G filed by Fangdd Network Group Ltd.

Amendment: SEC Form SC 13G/A filed by Fangdd Network Group Ltd.

SEC Form SC 13G filed by Fangdd Network Group Ltd.

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Market Insights

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Fangdd Network Group shares are trading higher after the company announced plans to acquire cloud computing technology patents in China for $35 million.

Fangdd Network Group To Acquire Cloud Computer Technology Patents In China For $35M; Part Of Strategy To Expand Into Tech-Enabled Real Estate Management; Seller Entitled To Earnout Payments Up To $15M Based On Revenue Generated Through 2026

Why Signet Jewelers Shares Are Trading Lower By Over 12%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

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FangDD Reports Third Quarter 2021 Unaudited Financial Results

FangDD to Announce Third Quarter 2021 Financial Results on November 19, 2021

FangDD Reports Second Quarter 2021 Unaudited Financial Results

$DUO
Leadership Updates

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BlueCity Announces Changes to Board and Committee Compositions

Fangdd Network Group To Acquire Cloud Computer Technology Patents In China For $35M; Part Of Strategy To Expand Into Tech-Enabled Real Estate Management; Seller Entitled To Earnout Payments Up To $15M Based On Revenue Generated Through 2026

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Recent Analyst Ratings for $DUO

$DUO Press Releases

Fastest customizable press release news feed in the world

Fangdd Announces Pricing of US$5 Million Registered Direct Offering

FangDD Regains Compliance with Nasdaq Minimum Bid Price Requirement

FangDD Announces Pricing of US$4.5 Million Registered Direct Offering

$DUO SEC Filings

SEC Form 6-K filed by Fangdd Network Group Ltd.

SEC Form 424B5 filed by Fangdd Network Group Ltd.

SEC Form 6-K filed by Fangdd Network Group Ltd.

$DUO Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G filed by Fangdd Network Group Ltd.

Amendment: SEC Form SC 13G/A filed by Fangdd Network Group Ltd.

SEC Form SC 13G filed by Fangdd Network Group Ltd.

$DUO Market Insights

Live Market Insights

Fangdd Network Group shares are trading higher after the company announced plans to acquire cloud computing technology patents in China for $35 million.

Fangdd Network Group To Acquire Cloud Computer Technology Patents In China For $35M; Part Of Strategy To Expand Into Tech-Enabled Real Estate Management; Seller Entitled To Earnout Payments Up To $15M Based On Revenue Generated Through 2026

Why Signet Jewelers Shares Are Trading Lower By Over 12%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

$DUO Financials

Live finance-specific insights

FangDD Reports Third Quarter 2021 Unaudited Financial Results

FangDD to Announce Third Quarter 2021 Financial Results on November 19, 2021

FangDD Reports Second Quarter 2021 Unaudited Financial Results

$DUO Leadership Updates

Live Leadership Updates

BlueCity Announces Changes to Board and Committee Compositions

Recent Analyst Ratings for
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$DUO
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$DUO
SEC Filings

$DUO
Large Ownership Changes

$DUO
Market Insights

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$DUO
Leadership Updates