Quick Answer
Fangdd Network Group Ltd. reported R&D Expense of $24.77 million for fiscal year 2024.
Fangdd Network Group Ltd. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $24.77M | -22.9% |
| 2023 | $32.14M | -51.3% |
| 2022 | $65.97M | -60.6% |
| 2021 | $167.53M | -44.4% |
| 2020 | $301.40M | -58.4% |
| 2019 | $724.98M | +257.4% |
| 2018 | $202.88M | +5.9% |
| 2017 | $191.66M | — |
- Fangdd Network Group Ltd. showed a decrease of -22.9% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2024 period, Fangdd Network Group Ltd.’s r&d expense has declined by 87.1% (from $191.66 million to $24.77 million).
- The most recent figure is from Fangdd Network Group Ltd.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 23, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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