Welcome to our dedicated page for Ke Holdings news (Ticker: BEKE), a resource for investors and traders seeking the latest updates and insights on Ke Holdings stock.
KE Holdings Inc (BEKE), China's leading integrated real estate platform, maintains this centralized news hub for tracking official announcements and market developments. Our curated collection provides investors and industry observers with timely updates on BEKE's operational milestones, strategic initiatives, and position within China's dynamic property sector.
Access verified information spanning quarterly financial results, technology innovations in property transactions, partnership announcements, and market expansion updates. The repository includes BEKE's press releases alongside third-party analyses of its unique online-offline model and Lianjia brokerage network operations.
Regular updates ensure stakeholders stay informed about regulatory impacts, service expansions, and industry leadership in housing transaction infrastructure. Bookmark this page for efficient tracking of BEKE's progress in standardizing China's real estate services through its hybrid digital-physical network.
KE Holdings Inc. (NYSE: BEKE) announced its unaudited financial results for Q1 2024. The company reported a gross transaction value (GTV) of RMB629.9 billion, a 35.2% YoY decrease. Net revenues were RMB16.4 billion, down 19.2% YoY. Net income was RMB432 million, with adjusted net income at RMB1,392 million. The number of stores increased by 7.1% to 44,216, while the number of active agents dropped by 3.0% to 399,159. Mobile monthly active users rose to 47.7 million. The company emphasized its commitment to sustained growth through quality and efficiency and highlighted its innovative community mini-store models and customer engagement strategies. A significant share repurchase program of approximately US$220 million was executed in Q1 2024.
KE Holdings Inc., also known as Beike, will report its unaudited financial results for the first quarter of 2024 on May 23, 2024. The earnings conference call will be held at 8:00 A.M. Eastern Time on the same day. Participants can register online to join the call and access dial-in numbers and passcode. A replay of the call will be available until May 30, 2024. Both English and Chinese interpretation options are provided.
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