KE Holdings Inc., better known by its housing transactions platform Beike Zhaofang, sold $2.12 billion worth of shares on Thursday in a US IPO.
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.
As the COVID-19 outbreak left many Chinese families struggling to pay their rents and mortgages, several cities introduced “relaxed” home purchase policies to alleviate people’s burden and reanimate the stagnating real estate market.
PitchBook, a global data research institution based in the Silicon Valley, names its Unicorn Class of 2017. In 2017, 57 start-ups were valued at more than $1 billion, and their total value was as high as $116 billion. Eighteen Chinese enterprises were on the list, and 10 were among the top 20.