Strong Overall Growth and Market Outperformance: KE Holdings, Inc. reported a total Gross Transaction Value (GTV) of RMB 736.8 billion in Q3 2024, reflecting a 12.5% year-over-year increase, with significant outperformance in both existing and new home transaction markets, achieving GTV growth rates of 8.8% and 18.4% respectively. The company attributes this success to enhanced cooperation with top-tier developers and improvements in operational efficiencies.

Revenue Growth Across Service Segments: Total net revenue reached RMB 22.6 billion, a rise of 26.8% year-over-year. Notably, home renovation and furnishing services saw a revenue growth of 32.6% year-over-year, while home rental services skyrocketed by 118.4%, showcasing the increasing demand in these sectors.

Operational Efficiency and Improvements: The average revenue per store has increased, and the number of active stores on the platform grew by 14.6% year-over-year, totaling over 46,800. These figures emphasize the effectiveness of strategic collaborations and improved platform operations, which contributed to higher store and agent productivity.