Real Estate

Leju’s improved 2018 continues in Q3

By Tom Marling / Financials / Deals/ Real Estate
20 Nov 2018

Leju’s improved 2018 continues in Q3  

With the housing market in China gradually rebounding, real estate e-commerce provider Leju (NYSE: LEJU) has found its footing after several lost years, albeit while the company’s secondary listings business continues to nosedive. In Q3 2018, total revenues increased by 40 percent year-over-year to $133.6 million U.S.. Total revenues year-to-date stand at $337.8 million U.S., up 32 percent year-over-year. Revenues from e-commerce services jumped by 57 percent in Q3...

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