Tencent-Backed Beike Shows Strong Performance for Fiscal 2020

(Source: Beike)

Beike, a housing transaction and services platform listed on the New York Stock Exchange, published its unaudited financial result for the fiscal year 2020 on Monday. In the pandemic-struck year when most of the world’s housing markets plunged to a historical low, Beike outperformed its industry peers with an over 65% year-on-year increas…