Fangdd Network Group shares are trading higher after the company announced plans to acquire cloud computing technology patents in China for $35 million.
Portfolio Pulse from Benzinga Newsdesk
Fangdd Network Group shares are trading higher after the company announced plans to acquire cloud computing technology patents in China for $35 million.
June 24, 2024 | 12:08 pm
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Fangdd Network Group shares are trading higher following the announcement of a $35 million acquisition of cloud computing technology patents in China.
The acquisition of cloud computing technology patents is a significant move for Fangdd Network Group, likely to enhance its technological capabilities and market position, leading to positive investor sentiment and a short-term increase in stock price.
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