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Fangdd Network Group Ltd. (DUO) posted a $13.9 million loss in the fourth quarter on Friday.
The company based in Shenzhen, China, reported a loss of 17 cents per share. Losses were 12 cents per share after stock option expense was deducted.

During that time, the online real estate broker made $94 million in sales.


The company’s loss for the year was reduced to $31.9 million, or 40 cents per share. A total of $355.3 million in revenue was recorded.

Since the beginning of the year, Fangdd’s stock has dropped 8%. In the last year, the stock has lost 40% of its value.

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