The Chinese real estate portal operator Leju has announced its financial results for the year ended 31st of December 2021. The company saw total revenue drop by 25% to $534 million and incurred net losses for the period of $150 million as the Chinese market struggled amid concerns around the default of the country's biggest real estate developer Evergrande. Leju is majority-owned by the well-known e-commerce giant Alibaba having been bought out by its subsidiary E-House in 2020. The well known Chinese tech company Tencent also owns substantial shares in the company having invested some $18.9 million in Leju at...