Demystifying the digital transformation of the real estate brokerage industry in China: A case study of Lianjia (Beike)

The rapid digital transformation of the real estate brokerage industry in China has revolutionized traditional business models, with Lianjia (Beike) at the forefront of this shift. This study explores Lianjia’s journey from a conventional brokerage firm to a leading digital platform, analyzing the strategic digitalization of housing data through the creation of the Housing Dictionary, the development of the agent cooperation network (ACN), and the implementation of a management information systems (MIS) based Offline-to-Online (O2O) business model. Through a qualitative case study methodology, this research highlights how Lianjia’s innovative use of technology has enhanced operational efficiency, customer satisfaction and competitive advantage. The findings provide valuable insights into the potential of digital platforms to drive continuous innovation and transformation in the real estate industry. This study also discusses the broader implications for the digital economy and offers recommendations for businesses aiming to undergo similar transformations.

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Publication Details

Journal
Business Informatics
Published
2024-12-27
DOI
https://doi.org/10.17323/2587-814x.2024.4.81.97
Citations
2
Primary Topic
Regional Development and Environment
Type
article
Field-Weighted Citation Impact
2.26
Controls
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article

Demystifying the digital transformation of the real estate brokerage industry in China: A case study of Lianjia (Beike)

O. V. Stoyanova, Ángel Barajas, Fengchen Wang
2 citations
Business Informatics
Regional Development and Environment
2.26
article

Demystifying the digital transformation of the real estate brokerage industry in China: A case study of Lianjia (Beike)

O. V. Stoyanova, Ángel Barajas, Fengchen Wang
article en
2 citations

Abstract

The rapid digital transformation of the real estate brokerage industry in China has revolutionized traditional business models, with Lianjia (Beike) at the forefront of this shift. This study explores Lianjia’s journey from a conventional brokerage firm to a leading digital platform, analyzing the strategic digitalization of housing data through the creation of the Housing Dictionary, the development of the agent cooperation network (ACN), and the implementation of a management information systems (MIS) based Offline-to-Online (O2O) business model. Through a qualitative case study methodology, this research highlights how Lianjia’s innovative use of technology has enhanced operational efficiency, customer satisfaction and competitive advantage. The findings provide valuable insights into the potential of digital platforms to drive continuous innovation and transformation in the real estate industry. This study also discusses the broader implications for the digital economy and offers recommendations for businesses aiming to undergo similar transformations.

Business InformaticsVol. 18(4)
National Research University Higher School of Economics (RU), Centre Hospitalier Universitaire de Nice (FR), Saint Petersburg University of Management and Economics (RU)
Openalex Percentile: Top 9%
Regional Development and Environment
2.26
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Demystifying the digital transformation of the real estate brokerage industry in China: A case study of Lianjia (Beike) — O. V. Stoyanova, Ángel Barajas, et al. · Business Informatics (2024) | TGRS Research Map | TGRS