Qutoutiao Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced total revenue was CNY 1,302.391 million compared to CNY 1,658.374 million a year ago. Operating loss was CNY 90.091 million compared to CNY 555.776 million a year ago. Net loss was CNY 81.558 million compared to CNY 551.213 million a year ago. For the full year, total revenue was CNY 5,285.195 million compared to CNY 5,570.080 million a year ago. Operating loss was CNY 1,032.169 million compared to CNY 2,723.231 million a year ago. Net loss was CNY 1,104.438 million compared to CNY 2,688.680 million a year ago.