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DUO (Fangdd Network Group) Research & Development : $3.41 Mil (TTM As of Dec. 2024)


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What is Fangdd Network Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Fangdd Network Group's Research & Development for the six months ended in Dec. 2024 was $1.76 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $3.41 Mil.


Fangdd Network Group Research & Development Historical Data

The historical data trend for Fangdd Network Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fangdd Network Group Research & Development Chart

Fangdd Network Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only 46.09 26.30 9.46 4.50 3.40

Fangdd Network Group Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.75 2.48 2.02 1.65 1.76

Fangdd Network Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $3.41 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fangdd Network Group  (NAS:DUO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Fangdd Network Group Research & Development Related Terms

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Fangdd Network Group Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen Bay Ecological Technology Park, Room 4106, Building 12B1, Nanshan District, Shenzhen, CHN, 518063
Fangdd Network Group Ltd is an investment holding company. Through its subsidiaries, It is engaged in the provision of real estate information services through its online platform which also offers integrated marketing services for individual customers, real estate developers, and agents in China. Its SaaS-based solutions help real estate agents to connect with essential business resources, including customers, property listings, capital, and transaction data. The company generates the majority of its revenue from Base commission from transactions in China.