Filing Details

Accession Number:
0001193125-22-040931
Form Type:
13G Filing
Publication Date:
2022-02-13 19:00:00
Filed By:
Sb Global Advisers Ltd
Company:
Ke Holdings Inc. (NYSE:BEKE)
Filing Date:
2022-02-14
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
SB Global Advisers Limited 0 219,080,949 0 219,080,949 219,080,949 8.2%
SoftBank Vision Fund II 0 219,080,949 0 219,080,949 219,080,949 8.2%
SVF II Aggregator (Jersey) 0 219,080,949 0 219,080,949 219,080,949 8.2%
SVF II Holdings (DE) 0 219,080,949 0 219,080,949 219,080,949 8.2%
SVF II Holdings Subco (DE) 0 219,080,949 0 219,080,949 219,080,949 8.2%
SVF II Buzzard (Cayman) 0 219,080,949 0 219,080,949 219,080,949 8.2%
SB Investment Advisers (UK) Limited 0 0 0 0 0 0.0%
SVF II Shell Subco (Singapore) Pte. Ltd 0 0 0 0 0 0.0%
Filing

 

 

Securities and Exchange Commission

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

Information to be Included in Statements Filed Pursuant

to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed

Pursuant to § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)*

 

 

KE Holdings Inc.

(Name of Issuer)

Class A Ordinary Shares, par value $0.00002 per share

(Title of Class of Securities)

482497104

(CUSIP Number)

December 31, 2021

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 482497104    Schedule 13G    Page 1 of 14

 

 

  1    

  Names of Reporting Persons

 

  SB Global Advisers Limited

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  England and Wales

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  219,080,949

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  219,080,949

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  219,080,949

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  8.2%

12  

  Type of Reporting Person

 

  CO


CUSIP No. 482497104    Schedule 13G    Page 2 of 14

 

 

  1    

  Names of Reporting Persons

 

  SoftBank Vision Fund II-2 L.P.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  219,080,949

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  219,080,949

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  219,080,949

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  8.2%

12  

  Type of Reporting Person

 

  PN


CUSIP No. 482497104    Schedule 13G    Page 3 of 14

 

 

  1    

  Names of Reporting Persons

 

  SVF II Aggregator (Jersey) LP

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Jersey

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  219,080,949

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  219,080,949

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  219,080,949

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  8.2%

12  

  Type of Reporting Person

 

  PN


CUSIP No. 482497104    Schedule 13G    Page 4 of 14

 

 

  1    

  Names of Reporting Persons

 

  SVF II Holdings (DE) LLC

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  219,080,949

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  219,080,949

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  219,080,949

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  8.2%

12  

  Type of Reporting Person

 

  OO


CUSIP No. 482497104    Schedule 13G    Page 5 of 14

 

  1    

  Names of Reporting Persons

 

  SVF II Holdings Subco (DE) LLC

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  219,080,949

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  219,080,949

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  219,080,949

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  8.2%

12  

  Type of Reporting Person

 

  OO


CUSIP No. 482497104    Schedule 13G    Page 6 of 14

 

  1    

  Names of Reporting Persons

 

  SVF II Buzzard (Cayman) LP

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Cayman Islands

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  219,080,949

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  219,080,949

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  219,080,949

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  8.2%

12  

  Type of Reporting Person

 

  PN


CUSIP No. 482497104    Schedule 13G    Page 7 of 14

 

  1    

  Names of Reporting Persons

 

  SB Investment Advisers (UK) Limited

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  England and Wales

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  CO


CUSIP No. 482497104    Schedule 13G    Page 8 of 14

 

  1    

  Names of Reporting Persons

 

  SVF II Shell Subco (Singapore) Pte. Ltd.

  2  

  Check the Appropriate Box if a Member of a Group

  (a)  ☐        (b)  ☐

 

  3  

  SEC Use Only

 

  4  

  Citizenship or Place of Organization

 

  Singapore

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

   5     

  Sole Voting Power

 

  0

   6   

  Shared Voting Power

 

  0

   7   

  Sole Dispositive Power

 

  0

   8   

  Shared Dispositive Power

 

  0

  9    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

10  

  Check if the Aggregate Amount in Row (9) Excludes Certain Shares

 

  Not Applicable

11  

  Percent of Class Represented by Amount in Row 9

 

  0.0%

12  

  Type of Reporting Person

 

  CO


CUSIP No. 482497104    Schedule 13G    Page 9 of 14

 

ITEM 1.    (a)    Name of Issuer:
     

KE Holdings Inc. (the Issuer)

   (b)    Address of Issuers Principal Executive Offices:
     

Oriental Electronic Technology Building,

     

No. 2 Chuangye Road, Haidian District,

     

Beijing 100086

     

Peoples Republic of China

ITEM 2.    (a)    Name of Person Filing:
     

Each of the following is hereinafter individually referred to as a Reporting Person and collectively as the Reporting Persons. This statement is filed on behalf of:

     

SB Global Advisers Limited (SBGA)

     

SoftBank Vision Fund II-2 L.P. (SVF II-2)

     

SVF II Aggregator (Jersey) LP (Aggregator)

     

SVF II Holdings (DE) LLC (Holdings)

     

SVF II Holdings Subco (DE) LLC (Subco)

     

SVF II Buzzard (Cayman) LP (Buzzard)

     

SB Investment Advisers (UK) Limited (SBIA UK)

     

SVF II Shell Subco (Singapore) Pte. Ltd. (Shell Subco)

   (b)    Address or Principal Business Office:
     

The address for each of SBGA and SBIA UK is 69 Grosvenor Street, London W1K 3JP, United Kingdom. The address for SVF II-2 and Aggregator is Crestbridge Limited, 47 Esplanade, St. Helier, Jersey JE1 0BD. The address for Holdings and Subco 251 Little Falls Drive, Wilmington, DE 19808. The address for Buzzard is c/o Walkers, 190 Elgin Avenue, George Town, Grand Cayman KY1-9008, Cayman Islands. The address for Shell Subco is 138 Market Street, #27-01A, Capitagreen, Singapore 048946.

   (c)    Citizenship of each Reporting Person is:
     

SBGA and SBIA UK are each organized under the laws of England and Wales. SVF II-2 and Aggregator are organized under the laws of Jersey. Holdings and Subco are organized under the laws of the State of Delaware. Buzzard is organized under the laws of the Cayman Islands. Shell Subco is organized under the laws of Singapore.


CUSIP No. 482497104    Schedule 13G    Page 10 of 14

 

  (d)

Title of Class of Securities:

Class A Ordinary Shares, par value $0.00002 per share (Ordinary Shares).

 

  (e)

CUSIP Number:

482497104

 

ITEM 3.

Not applicable.

 

ITEM 4.

Ownership.

(a-c)

The ownership information presented below represents beneficial ownership of Ordinary Shares of the Issuer as of December 31, 2021, based upon 2,687,391,656 Ordinary Shares outstanding as of September 30, 2021, as reported in the Issuers Form 6-K filed with the Securities and Exchange Commission on November 9, 2021.

 

Reporting Person   

Amount

beneficially

owned

    

Percent

of class:

    Sole
power
to vote
or to
direct
the
vote:
     Shared power to
vote or to direct the vote:
    

Sole
power to
dispose or
to direct
the
disposition

of:

    

Shared

power to

dispose or

to direct

the

disposition

of:

 

SB Global Advisers Limited

     219,080,949        8.2     0        219,080,949        0        219,080,949  

SoftBank Vision Fund II-2 L.P.

     219,080,949        8.2     0        219,080,949        0        219,080,949  

SVF II Aggregator (Jersey) LP

     219,080,949        8.2     0        219,080,949        0        219,080,949  

SVF II Holdings (DE) LLC

     219,080,949        8.2     0        219,080,949        0        219,080,949  

SVF II Holdings Subco (DE) LLC

     219,080,949        8.2     0        219,080,949        0        219,080,949  

SVF II Buzzard (Cayman) LP

     219,080,949        8.2     0        219,080,949        0        219,080,949  

SB Investment Advisers (UK) Limited

     0        0.0     0        0        0        0  

SVF II Shell Subco (Singapore) Pte. Ltd.

     0        0.0     0        0        0        0  

Buzzard is the record holder of the securities reported herein. SVF II-2 is the sole limited partner of Aggregator, which is the sole member of Holdings, which is the sole member of Subco, which is the general partner of Buzzard.

SBGA has been appointed as manager and is exclusively responsible for making all decisions related to the acquisition, structuring, financing and disposal of SoftBank Vision Fund II-2 L.P.s investments. As a result of these relationships, each of the Reporting Persons may be deemed to share beneficial ownership of the securities reported herein.

 


CUSIP No. 482497104    Schedule 13G    Page 11 of 14

 

Following an internal reorganization on, each of SBIA UK and Shell Subco ceased to be the beneficial owner of the securities reported herein.

 

ITEM 5.

Ownership of Five Percent or Less of a Class.

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☒.

Following an internal reorganization on, each of SBIA UK and Shell Subco ceased to be the beneficial owner of the securities reported herein.

 

ITEM 6.

Ownership of More Than Five Percent on Behalf of Another Person.

Not applicable.

 

ITEM 7.

Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company.

Not applicable.

 

ITEM 8.

Identification and Classification of Members of the Group.

Not applicable.

 

ITEM 9.

Notice of Dissolution of Group.

Not applicable.

 

ITEM 10.

Certification.

Not applicable.


CUSIP No. 482497104    Schedule 13G    Page 12 of 14

 

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2022

 

SB Global Advisers Limited
By:  

/s/ Spencer Collins

Name:   Spencer Collins
Title:   Director
SoftBank Vision Fund II-2 L.P.
By: SB Global Advisers Limited, its Manager
By:  

/s/ Spencer Collins

Name:   Spencer Collins
Title:   Director
SVF II Aggregator (Jersey) L.P.
By: SB Global Advisers Limited, its Manager
By:  

/s/ Spencer Collins

Name:   Spencer Collins
Title:   Director
SVF II Holdings (DE) LLC
By:  

/s/ Ian McLean

Name:   Ian McLean
Title:   Director
SVF II Holdings Subco (DE) LLC
By:  

/s/ Ian McLean

Name:   Ian McLean
Title:   Director
SVF II Buzzard (Cayman) LP
By: SVF II Buzzard (Cayman) GP Limited, its general partner
By:  

/s/ Karen Ellerbe

Name:   Karen Ellerbe
Title:   Director

CUSIP No. 482497104    Schedule 13G    Page 13 of 14

 

SB Investment Advisers (UK) Limited
By:  

/s/ Spencer Collins

Name:   Spencer Collins
Title:   General Counsel
SVF II Shell Subco (Singapore) Pte. Ltd.
By:  

/s/ Spencer Collins

Name:   Spencer Collins
Title:   General Counsel

CUSIP No. 482497104    Schedule 13G    Page 14 of 14

 

LIST OF EXHIBITS

 

Exhibit No.

  

Description

99    Joint Filing Agreement.