PROPTECH IN CHINA
The expansion of digital transformation in China has unlocked the Asian giant’s potential for growth in yet another sector: real estate technology. For its real estate industry, which faces the challenges of intense domestic competition and an ever-changing external environment, the use of state-of-the-art technologies to enable the entire lifecycle of real estate projects has become a strategic choice.
Do you want to know more about innovation in the real estate sector and the players that drive it forward? Check out our infographic!
- The main real estate technology hubs in China
- The biggest Chinese proptech startups and how they operate
- Trends on the horizon for the Chinese proptech market
- And much more!
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75% of Chinese proptech startups are located in major urban centers in Beijing, Shanghai, Shenzhen, and Hangzhou
Both China and the US have 10 proptech unicorns each, but with very different applications
Lianjia, founded in 2011, is the country's highest-rated Chinese proptech startup, with an estimated market value of US$13 billion
In the proptech sector, Chinese development still lags slightly behind the US and Canada, but the country’s approach to retail, e-commerce, and mobile payments helps in this endeavor.
From 2013 to 2018, the country accounted for more than 30% of all global proptech funding and remained the largest recipient of capital for startups in the area over the past 2 years, with the participation of major investors such as Tencent, Alibaba, and Sequoia Capital.
Inova China is a hub solely dedicated to building bridges of innovation between China and Brazil. We offer the tools and insights for a successful strategy. To learn more, contact us!
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