On March 18, the Technology-driven one-stop residential service platform KE Holdings (NYSE: BEKE; HKEX: 2423) released its financial performance for the fourth quarter and the full year of 2024. The Earnings Reports indicate that under a package of stimulating policies for the Real Estate market, KE Holdings' total transaction volume (GTV) for the fourth quarter of 2024 was 1143.8 billion yuan (RMB, the same below), a year-on-year increase of 55.5%, with net revenue of 31.1 billion yuan, a year-on-year increase of 54.1%; for the entire year of 2024, net revenue was 93.5 billion yuan, a year-on-year increase of 20.2%. Among which, the revenue from non-Property transaction service Business increased by 64.2% year-on-year, becoming a new engine driving KE Holdings' performance growth.