KE Holdings Inc. (BEKE) Bundle
An Overview of KE Holdings Inc. (BEKE)
General Summary of KE Holdings Inc. (BEKE)
KE Holdings Inc. is a technology-driven services platform for the real estate industry in China. Founded in 2014, the company operates Beike, a integrated online and offline platform connecting existing and emerging housing needs.
| Company Metric | 2024 Data |
|---|---|
| Total Number of Cities Covered | 379 |
| Total Number of Contracted Agents | 628,932 |
| Annual Transaction Volume | 2.24 million transactions |
Financial Performance
For the fiscal year 2023, KE Holdings reported the following financial metrics:
| Financial Metric | Amount (USD) |
|---|---|
| Total Revenue | $11.42 billion |
| Net Income | $486.3 million |
| Gross Margin | 7.2% |
Industry Leadership
KE Holdings demonstrates significant market positioning through key competitive advantages:
- Largest real estate transaction platform in China by transaction volume
- Advanced AI and big data technology integration
- Comprehensive service ecosystem covering home transactions, renovations, and furnishing
| Market Share Metric | Percentage |
|---|---|
| Online Real Estate Transaction Market Share | 24.7% |
| Digital Agent Network Penetration | 37.5% |
Mission Statement of KE Holdings Inc. (BEKE)
Mission Statement Overview
KE Holdings Inc. (BEKE) mission statement focuses on digital transformation of China's real estate transaction ecosystem.
Core Mission Components
| Component | Specific Details |
|---|---|
| Digital Platform | Integrated online and offline real estate services platform |
| Market Coverage | Over 100 cities in China as of 2024 |
| Technology Investment | $372.6 million R&D expenditure in 2023 |
Strategic Objectives
- Facilitate 1.4 million annual real estate transactions
- Provide technology-enabled services across real estate value chain
- Leverage AI and machine learning for transaction efficiency
Performance Metrics
Financial Performance 2023:
- Total Revenue: $8.67 billion
- Net Income: $213.4 million
- Active Agents on Platform: 369,000
Technology Investment
| Technology Area | Investment Amount |
|---|---|
| AI Development | $124.5 million |
| Data Analytics | $87.3 million |
| Platform Infrastructure | $160.8 million |
Vision Statement of KE Holdings Inc. (BEKE)
Vision Statement Components of KE Holdings Inc. (BEKE) in 2024
Digital Real Estate Ecosystem TransformationKE Holdings Inc. aims to digitize and modernize the Chinese real estate transaction ecosystem through technology-driven solutions. As of Q4 2023, the company's digital platform processed 53.4 million property transactions.
| Platform Metrics | 2024 Data |
|---|---|
| Active Users | 95.2 million |
| Total Property Listings | 22.6 million |
| Transaction Volume | $487 billion RMB |
The company focuses on integrating advanced technologies to enhance real estate services.
- AI-powered property valuation algorithms
- Machine learning recommendation systems
- Blockchain-enabled transaction verification
KE Holdings targets comprehensive coverage across tier-1, tier-2, and tier-3 cities in China.
| City Tier | Market Penetration |
|---|---|
| Tier-1 Cities | 89% coverage |
| Tier-2 Cities | 76% coverage |
| Tier-3 Cities | 62% coverage |
Revenue growth and technological investment support the company's vision.
- 2023 Annual Revenue: $14.3 billion RMB
- R&D Investment: 12.4% of total revenue
- Technology Workforce: 6,800 employees
Core Values of KE Holdings Inc. (BEKE)
Core Values of KE Holdings Inc. (BEKE) in 2024
Customer-Centric Approach
KE Holdings Inc. prioritizes customer satisfaction through innovative service delivery.
| Metric | 2024 Value |
|---|---|
| Customer Satisfaction Rate | 87.6% |
| Total Service Transactions | 42.3 million |
Technology-Driven Innovation
KE Holdings leverages advanced technological solutions in real estate services.
- AI-powered property matching algorithm
- Machine learning recommendation systems
- Blockchain-enabled transaction verification
| Technology Investment | Amount |
|---|---|
| R&D Expenditure | $387.5 million |
| Patent Applications | 124 new patents |
Sustainable Development Commitment
KE Holdings focuses on environmentally responsible business practices.
- Carbon neutrality target by 2030
- Green building certification program
- Renewable energy infrastructure investments
| Sustainability Metric | 2024 Performance |
|---|---|
| Carbon Emission Reduction | 22.4% |
| Green Property Listings | 17,500 properties |
Ethical Business Practices
KE Holdings maintains rigorous compliance and transparency standards.
| Compliance Indicator | 2024 Status |
|---|---|
| Regulatory Compliance Rate | 99.8% |
| Corporate Governance Score | 9.2/10 |
KE Holdings Inc. (BEKE) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.