Danke

Danke Apartment CEO Receives Consumption Restriction from Regulators Amid Company Bankruptcy Crisis

Rental platform Danke Apartment’s CEO Jing Gao received a high consumption restriction from the People’s Court of Minhang District on Dec. 8.

Shares of Danke Apartment Surge 75% Despite Bankruptcy Rumor

The shares of Danke Apartment, one of China’s biggest rental platforms, surged by more than 75% on Tuesday night, Beijing time, closing at $2.40, mainly due to the rumor that another leading rental specialist 5i5j will purchase Danke.

How to Rent An Apartment in China: Popular Rental Platforms 2020

Renting an apartment in China is not that hard. There are a variety of online rental platforms providing customized services to both Chinese and foreign tenants.

Ep. 62: Real pain for Chinese real estate startups

Episode 62 of Tech Buzz China is on co-living and co-working, two of the formerly hottest — and now possibly coldest — sectors in China tech.

Coronavirus Puts Long-term Rental Platforms Ziroom and Danke in a Tough Spot

Chinese apartment rental platform Ziroom was involved in a series of controversies amid China’s developing COVID-19 crisis. Recently, several media reports have accused the company of taking advantage of vulnerable groups and evicting tenants from Hubei.

Danke Apartment to Become Listed on NYSE on January 17

The long-term rental service provider Danke Apartment updated its F-1 prospectus filed to the US SEC and it is expected to be listed on New York Stock Exchange with the ticker symbol “DNK”.

$70 Million Series B+ Round for Chinese Rental Platform Danke Apartment

Tiger Global Management has recently led Chinese long-term apartment leasing firm, Danke Apartment in a US$70 million series B+ funding round. This financing round comes three months after Danke managed to raise US$100 million in a B round led by CMC Capital and Gaorong Capital earlier this February.

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