KE Holdings Inc. (BEKE) Tops Q3 EPS by 8c, Revenues Beat; Offers 4Q Revenue Guidance

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KE Holdings Inc. Announces Third Quarter 2020 Unaudited Financial Results

November 16, 2020 4:00 PM EST

BEIJING--(BUSINESS WIRE)-- KE Holdings Inc. (Beike or the Company) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2020.

Business Highlights for the Third Quarter of 2020

Gross transaction value (GTV)1 was RMB1,050.0 billion (US$154.6 billion), an increase of 87.2% year-over-year. GTV of existing home transactions was RMB576.1 billion (US$84.8 billion), an increase of 71.8% year-over-year. GTV of new home transactions was RMB420.7 billion (US$62.0 billion), an increase of 105.7% year-over-year. GTV of emerging and... More