Fangdd Network Group Ltd. announced on September 30, 2025, that it has entered into an agreement to purchase certain assets related to artificial intelligence technology. The acquisition is valued at US$34,320,000.
This transaction is a key component of the company's ongoing strategy to expand its presence in technology-enabled real estate management. The seller is also eligible for earnout payments for calendar years 2025, 2026, and 2027, based on increases in FangDD's total revenue, at ratios of 20%, 25%, and 30% respectively.
The earnout payments will be made through the issuance of FangDD's Class A ordinary shares, aligning the seller's incentives with the company's future revenue growth. FangDD has three months to raise funds and finalize the transaction, with a closing deadline of December 29, 2025. This acquisition represents a significant investment in enhancing the company's technological capabilities and strategic direction.
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