FangDD Announces $34.32 Million AI Asset Acquisition to Boost Real Estate Tech Expansion

Reuters2025-09-30

FangDD Announces $34.32 Million AI Asset Acquisition to Boost Real Estate Tech Expansion

Fangdd Network Group Ltd. (Nasdaq: DUO) has announced an agreement to acquire artificial intelligence technology assets from a British Virgin Islands company for US$34.32 million. The transaction, part of FangDD's strategy to expand its technology-enabled real estate management business, is expected to close by December 29, 2025. If not completed by then, either party may terminate the deal without penalty.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fangdd Network Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-093438), on September 30, 2025, and is solely responsible for the information contained therein.

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