Chinese property platform Beike nets $2.41b in Series D+ round ahead of HK IPO

Zuo Hui, chairman of Beijing-based real-estate brokerage platform Beike Zhaofang. Source: Beike Zhaofang official Weibo account

Beike Zhaofang, a Chinese real-estate brokerage platform also known as, has garnered $2.414 billion in a Series D+ round of financing from a battery of marquee investors including SoftBank, Tencent, Hillhouse Capital and Sequoia Capital China.

The new round, which was completed in November 2019, will be used to hire talent, enhance R&D efforts in the industrial internet space and innovate new product applications, Beike said, in a statement obtained by DealStreetAsia on Thursday.

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