Fangdd, a Shenzhen-based real estate operation service platform, announced it has secured US$80 million of Series B funding from Vision Knight Capital China Fund, Lightspeed China Partners and Series A investor CDH Venture. The company added that it has received the capital on June 28. 

Founded in October 2011, Fangdd is a real estate shopping guide information platform that provides marketing services to property developers, brokerage agencies and home buyers. Fangdd is based on a “pay-for-performance” model, different from other domestic online estate services that charge customers for listing property information on the platforms, like SouFun and Anjuke.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.