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  "documentTitle": "KE Holdings (BEKE)",
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  "presentationDate": "2021-12-16 00:00:00",
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  "notes": "The slide details a data collection process over two 76-day periods to estimate quarterly GTV.",
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      "kind": "disclaimer",
      "text": "71 Prorated from 76 days to the number of days in the quarter. BEKE disclosed the average value per transaction in its 2020 20-F. Real estate market data show that property prices are flat in the past two years. 72 BEKE 2020 20-F, p. 60",
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      "text": "number of transactions: 19,963",
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      "text": "We primarily used two data sets of data from out data collections to estimate BEKE's home sales GTV in 2Q and 3Q 2021. The data collected are from two 76-day periods and contain the number of transactions from pulled all of the stores on the platform which have the Find Agent function on their site.",
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      "text": "Source: Data Collected from BEKE's Platform",
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      "text": "Lianjia – New Home Sales (76 Days) table showing city-level transaction counts for two periods.",
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