The latest update is out from Fangdd Network Group ( (DUO) ).
On March 14, 2025, Fangdd Network Group Ltd. announced a securities purchase agreement with investors for a US$5,000,000 offering of senior convertible notes. These notes, which carry a 5% original issue discount and a nine-month term, are convertible into Class A ordinary shares. The offering is expected to enhance Fangdd’s financial flexibility for general corporate purposes and strengthen its position in the property technology industry.
More about Fangdd Network Group
Fangdd Network Group Ltd. is a customer-oriented property technology company in China that focuses on providing digitalization services for real estate transactions. The company leverages mobile internet, cloud, big data, and artificial intelligence to offer a suite of modular products and solutions powered by SaaS tools, revolutionizing the way real estate transactions are conducted.
YTD Price Performance: -37.97%
Average Trading Volume: 2,834,717
Technical Sentiment Consensus Rating: Strong Buy
See more insights into DUO stock on TipRanks’ Stock Analysis page.