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KE Holdings, which operates a network of well-known green “Lianjia” property brokerage shops, suffered in the resulting slowdown due to its dependence on transactions to drive revenue.

FAST NEWS: KE Holdings’ revenue falls, as new businesses shine

The Latest: Residential real estate broker KE Holdings Inc. (BEKE.US; 2423.HK) on Thursday reported its revenue fell 19.2% year-on-year to 16.4 billion yuan ($2.27 billion) in this year’s first quarter, while its non-GAAP…
BEKE.US 2423.HK

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