Danke stops property listings on its rental app in China as it beats back talk of viability less than a year after New York stock sale

//Danke stops property listings on its rental app in China as it beats back talk of viability less than a year after New York stock sale

Danke stops property listings on its rental app in China as it beats back talk of viability less than a year after New York stock sale

Danke, battling speculations about its financial viability less than a year after its New York initial public offering, appears to have ceased operating its home rental referral platform in China.The smartphone application of the Beijing-based company, formally known as Phoenix Tree Holding, has stopped listing vacant homes available for rent, their prices, photos or any other information. Danke’s executives could not be reached for comment on Christmas Day, a normal business and market day in…

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By | 2020-12-25T14:30:07+00:00 December 25th, 2020|Business|Comments Off on Danke stops property listings on its rental app in China as it beats back talk of viability less than a year after New York stock sale