Beike
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Beike - overview
Established
2001
Location
Tianjin, -, China
Primary Industry
Internet
About
Founded in 2001 and based in Beijing, China, KE Holdings Inc. , trading under the name Beike or Tianjin Cabin Information Technology Co. , Ltd. , provides real estate brokerage, rental, renovation and housing transaction services for the residential property industry.
The company expanded from an offline brokerage network, integrating its subsidiary Lianjia and multiple service offerings into an online platform. It currently provides housing transaction and support services to home buyers, tenants, and property owners across China. In August 2020, the company was listed on the New York Stock Exchange under the ticker BEKE, and in May 2022 it was listed on the Hong Kong Stock Exchange under the ticker 2423. The company works with home buyers, sellers, and renters to provide property brokerage, rental listings, renovation services, and furnishing solutions.
Beike offers online property search, VR-based home-viewing features, and transaction-support services through its digital platform and apps, supported by its brokerage brand Lianjia. The company’s revenue is generated by commissions from property transactions, rental service fees, renovation and furnishing service fees.
Current Investors
New Horizon Capital, Tencent Investment, China Renaissance
Primary Industry
Internet
Sub Industries
Web Applications, Search Engines, Real Estate Development & Operating Companies
Website
www.ke.com
Verticals
Cloud Computing, Mobile Apps, Real Estate Tech, Virtual Reality (VR)
Company Stage
Mature
Total Amount Raised
Subscriber access only
Beike - timeline of key events
Beike - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 25,505,698,000 | 28,646,499,000 | 44,899,101,391.139 | 70,480,978 | 81,757,918,393.611 | - | - | - |
| % Revenue Growth (YoY) | - | 12.3% | 56.7% | (99.8%) | 115900.0% | - | - | - |
| EBITDA (USD) | 47,312,000 | (425,711,000) | (728,122,367.558) | 4,015,781 | 16,110,513.109 | - | - | - |
| Operating Income (USD) | (763,891,000) | (1,218,005,000) | (1,742,240,002.825) | 2,841,809 | (1,371,722,767.368) | - | - | - |
| Operating Margin | (3.0%) | (4.3%) | (3.9%) | 4.0% | (1.7%) | - | - | - |
| % EBITDA Margin | 0.2% | (1.5%) | (1.6%) | 5.7% | 0.0% | - | - | - |
| NET Income (USD) | (537,621,000) | (427,681,000) | (2,127,263,394.707) | 2,778,323 | (531,292,075.49) | - | - | - |
| % Net Margin | (2.1%) | (1.5%) | (4.7%) | 3.9% | (0.6%) | - | - | - |
Beike - employee data
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