US stocks fluctuate | Fangdd Network Group (DUO.US) rises more than 9%, with revenue in the first half of 2025 increasing by 45.3% year-on-year.

Wisdom Finance APP learned that on Tuesday, Fanduoduo (DUO.US) rose by more than 9%, closing at $2.62. According to the financial report, in the first half of 2025, Fanduoduo's revenue significantly increased from 1.4 billion RMB in the same period last year to 2.034 billion RMB (284 million USD), a growth of 45.3%. The revenue growth is attributed to Fanduoduo's dedication to developing its core projects and establishing long-term partnerships with real estate developers and agents. In addition, government supportive policies such as lowering mortgage rates and easier access to credit have played a key role in promoting the real estate market. Furthermore, the total closed-loop GMV facilitated by the Fanduoduo platform increased by 27.3%, from 6.2 billion RMB in the same period last year to 8 billion RMB (1.1 billion USD).