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Chinese on the web property broker Beike Zhaofang had a large year, efficiently elevating over 2 billion inside the a middle-August 2020 IPO, even with stress between the You.S. and China encompassing Chinese companies change on the U.S. stock exchanges. Beike provides a roster out of renowned people, along with SoftBank, Tencent and you can Sequoia. The organization raised about 1 billion of SoftBank inside November 2019, during which moreover it gotten five-hundred million from Hillhouse Funding, Tencent, and you will Sequoia. The company wound up gaining roughly 193 million bookings for complete 12 months 2020, upwards 41percent out of bookings inside the 2019.
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