SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Thursday reported a loss of $179.9 million in its fourth quarter.

The Shanghai-based company said it had a loss of 44 cents per share. Losses, adjusted for non-recurring costs and stock option expense, were 19 cents per share.

The Chinese video sharing website posted revenue of $881.1 million in the period.

For the year, the company reported that its loss narrowed to $682.3 million, or $1.65 per share. Revenue was reported as $3.19 billion.

Bilibili shares have dropped 11% since the beginning of the year. The stock has declined 50% in the last 12 months.

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