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KE Holdings Inc. Enhances Cloud Services Partnership with Tencent
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KE Holdings Inc. Enhances Cloud Services Partnership with Tencent

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KE Holdings Inc. Sponsored ADR Class A ( (BEKE) ) has provided an update.

KE Holdings Inc. has announced a new agreement with Tencent Computer for cloud and technical services, effective from January 2025 to December 2027. This agreement aims to enhance KE Holdings’ IT capabilities by leveraging Tencent’s cloud computing technologies, supporting business growth, and improving infrastructure management. The partnership is expected to provide cost-effective cloud services while maintaining the company’s strategic relationship with Tencent, a significant shareholder, thus positioning KE Holdings to better manage business fluctuations and expansion.

More about KE Holdings Inc. Sponsored ADR Class A

KE Holdings Inc. is a company that operates in the real estate services industry, focusing on providing a platform for real estate transactions and services, including housing transactions and services, new home transactions, and rental services. The company is incorporated in the Cayman Islands and operates with a market focus on leveraging technology to deliver scalable real estate services.

YTD Price Performance: 29.32%

Average Trading Volume: 13,797,501

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $24.67B

For a thorough assessment of BEKE stock, go to TipRanks’ Stock Analysis page.

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