News Snapshot:
China Finance Online Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results Fourth Quarter 2020 Financial Highlights - Net revenues grew 12.3% year-over-year to $9.8 million. - Gross margin increased to 69.1% from 63.8% in the same quarter of 2019 and 64.4% in the third quarter of 2020. - Revenues from the financial information and advisory business, accounted for 44.9% of the total revenues in the fourth quarter of 2020, increased by 99.9% year-over-year to $4.4 million, driven by the significant growth in investment advisory services. - In the 2020 China Robo-Advisor Industry report recently published by Tsinghua University,...
