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Chinese on the internet possessions brokerage Beike Zhaofang had a large season, properly increasing more than $dos billion inside the a good mid-August 2020 IPO, despite tensions between your U.S. and you will Asia nearby Chinese enterprises exchange to your You.S. inventory transfers. Beike provides a lineup from notable traders, in addition to SoftBank, Tencent and you will Sequoia. The business elevated around $1 billion away from SoftBank inside the November 2019, when in addition, it obtained $500 million out of Hillhouse Investment, Tencent, and Sequoia. The organization wound up finding about 193 million bookings to possess full 12 months 2020, up 41% away from reservations inside the 2019.
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