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KE Holdings Priced, NYSE: BEKE

China's largest housing platform operating under the Lianjia and Beike brands.

Industry: Real Estate

Latest Trade: $50.69 +0.43 (+0.9%)

First Day Return: +87.2%

Return from IPO: +151.3%

Industry: Real Estate

Beike is the leading integrated online and offline platform for housing transactions and services. We are a pioneer in building the industry infrastructure and standards in China to reinvent how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. We believe our proactive engagement with platform participants both online and offline enables us to know them better and serve them better. In 2019, we generated a gross transaction value, or GTV, of RMB2,128 billion (US$300.5 billion), and facilitated over 2.2 million housing transactions on our platform, making us China's largest housing transactions and services platform, and the second largest commerce platform across all industries, according to the CIC Report. As of June 30, 2020, our platform had over 260 real estate brokerage brands, over 42,000 community-centric stores and over 456,000 agents across 103 economically vibrant cities in China. We own and operate Lianjia, China's leading real estate brokerage brand and an integral part of our Beike platform.
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IPO News for KE Holdings
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IPO Data
IPO File Date 07/24/2020
Offer Price $20.00
Price Range $17.00 - $19.00
Offer Shares (mm) 106.0
Deal Size ($mm) $2,120
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/12/2020
Offer Price $20.00
Price Range $17.00 - $19.00
Offer Shares (mm) 106.0
Deal Size ($mm) $2,120
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Beijing, China
Founded 2001
Employees 87,706
Website bj.ke.com