FangDD offers an online platform through which home buyers and home sellers can directly connect to each other, working on a “”pay-for-performance”” business model. The goal is to provide accurate information about properties, services and transactions to create an open, cooperative, coexistent and mutually beneficial industrial pattern. In the first 6 months of 2015, more than US$8b worth of real estate transactions took place using this platform.
The company’s O2O internet real estate marketing platform is based on big data technology. It integrates online and offline property businesses and buyers on a single platform, allowing user friendly property transaction services.
FangDD follows a business model of pay–for–performance, catering to customers across 50 cities in China, including Beijing, Shanghai and Shenzhen.