KE Holdings Inc. (Beike Findhouse) Overview
Pro stress-test →KE Holdings Inc. (Beike) is a publicly listed Chinese real estate holding company that engages in the provision of an integrated online and offline platform for housing transactions and services through its subsidiaries. It is the largest online real estate transaction platform in China. The company operates through five segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, Home rental services, and Emerging and Other Services.
Strategic Profile
Pro stress-test →In 2023, Beike established its "One Body, Three Wings" strategy and in March 2026 initiated a strategic transformation, deeply transitioning from a transaction platform to a community living service platform. By early 2026, Realsight 3.0 has digitized over 40 million properties, and Agent Copilot supports over 450,000 agents with content creation, contract analysis and market predictions at 92 percent accuracy. The Carefree Rent model manages over 300,000 units in top-tier Chinese cities as of early 2026.
Competitive Landscape
Pro stress-test →Lianjia has been compared to Redfin while Beike has been compared to Zillow. Beike faces competition from other Chinese property platforms like Leju Holdings, though it maintains market leadership. International operators like Compass are expanding in adjacent markets. The competitive landscape is concentrated, with Beike holding dominant market position through its integrated Agent Cooperation Network model and extensive offline brokerage network.
Industry Context
KE Holdings Inc. (Beike Findhouse) operates in Real Estate Transaction Platforms & PropTech.
Key facts
Founded: 2001 (Lianjia); 2018 (Beike platform); 2020 (KE Holdings IPO) · Headquarters: Beijing, China · Employees: 3,786 (as of May 31, 2026) · Revenue: 94.6 billion RMB (2025); USD 13.7 billion (Q1 2026 annualized) · Market cap: ~$10.5B (based on ~$17.55/ADS as of February 2026)