Fangduoduo's revenue fell by 60% last year, with a net loss attributable to shareholders of 1.171 billion yuan

On April 22, Freddie Mac released its unaudited performance report for the whole year of 2021. The financial report shows that in 2021, the revenue scale of fangduoduo decreased significantly, and the annual revenue was 942 million yuan, a decrease of 61.57% compared with 2020. As of December 31, 2021, the net loss of fangduoduo was 1.203 billion yuan, and the net loss attributable to shareholders was 1.171 billion yuan, with a year-on-year increase of 81.2%.

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