As an important building block for optoelectronic applications, various chemical modifications at C9-position of fluorene have been proposed to enhance its performance by suppressing the well-known keto effect. In order to identify different substitution effects on the photophysical and charge transport properties of fluorene, we systematically study the electronic structures and photophysical behaviors of fluorene (FR) and its three dimerized counterparts, namely, 9,9 0 -spirobifluorene (SBF), 9,9 0 -bifluorenylidene (BFD), and bis(biphenyl-2-2-diyl)allene (BDA), by employing density functional theory calculations. The changes in bond length alternation indicate that the geometrical relaxations of the fluorene unit in its dimerized derivatives are smaller than FR compound. This fact was further proved by the nonradiative decay rate estimated of the first excited singlet state for each compound. Meanwhile, the vibration relaxation analyses suggest that the bridge between two fluorene fragments plays an important role in the nonradiative decay process. In addition, the injection abilities were evaluated in terms of the ionization potentials and electron affinities, and the carrier transport properties were discussed in the framework of Marcus theory. We find BFD could be a better ambipolar transport material, and BDA can be used as a high-efficient luminescent building unit with excellent hole transport property.