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CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Dec. 31, 2018
USD ($)
Dec. 31, 2018
CNY (¥)
Jan. 01, 2018
CNY (¥)
Dec. 31, 2017
CNY (¥)
Dec. 31, 2016
CNY (¥)
Dec. 31, 2015
CNY (¥)
Current assets            
Cash and cash equivalents $ 2,059,533 ¥ 14,160,322   ¥ 3,058,152 ¥ 1,319,843  
Restricted cash 2,382,280 16,379,364   9,370,849    
Receivables from online payment platforms 36,010 247,586   88,173    
Short-term investments 1,109,838 7,630,689   50,000    
Amounts due from related parties 148,212 1,019,033   442,912    
Prepayments and other current assets 138,752 953,989   127,742    
Total current assets 5,874,625 40,390,983   13,137,828    
Non-current assets            
Property and equipment, net 4,229 29,075   9,279    
Intangible asset 375,149 2,579,338        
Loan to a related party       162,363    
Other non-current assets 26,568 182,667   5,000    
Total non-current assets 405,946 2,791,080   176,642    
Total Assets 6,280,571 43,182,063   13,314,470    
Current liabilities            
Amounts due to related parties (including amounts due to related parties of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB56,032 and RMB458,147 (US$66,635) as of December 31, 2017 and 2018, respectively) 69,539 478,113   76,057    
Customer advances (including customer advances of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB56,453 and RMB190,382 (US$27,690) as of December 31, 2017 and 2018, respectively) 27,850 191,482 ¥ 56,453 56,453    
Payable to merchants (including payable to merchants of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB9,838,519 and RMB17,275,934 (US$2,512,680) as of December 31, 2017 and 2018, respectively) 2,512,680 17,275,934   9,838,519    
Accrued expenses and other liabilities (including accrued expenses and other liabilities of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB208,301 and RMB1,500,951 (US$218,304) as of December 31, 2017 and 2018, respectively) 323,712 2,225,667   360,393    
Merchant deposits (including merchant deposits of the consolidated VIE and its subsidiaries without recourse to the primary beneficiary of RMB1,778,085 and RMB4,188,273 (US$609,159) as of December 31, 2017 and 2018, respectively) 609,159 4,188,273   1,778,085    
Total current liabilities 3,542,940 24,359,469   12,109,507    
Total liabilities 3,542,940 24,359,469   12,109,507    
Mezzanine equity            
Mezzanine equity       2,196,921    
Shareholders' (deficits)/equity            
Additional paid-in capital 4,234,532 29,114,527   61,326    
Accumulated other comprehensive (loss)/income 150,648 1,035,783   (23,101)    
Accumulated deficits (1,647,569) (11,327,858)   (1,030,237)    
Total shareholders' (deficits)/equity 2,737,631 18,822,594   (991,958) ¥ (426,278) ¥ (127,936)
Total liabilities, mezzanine equity and shareholders' (deficits)/equity 6,280,571 43,182,063   13,314,470    
Series A1 convertible preferred shares            
Mezzanine equity            
Mezzanine equity       4,224    
Series A2 convertible preferred shares            
Mezzanine equity            
Mezzanine equity       48,815    
Series B1 convertible preferred shares            
Mezzanine equity            
Mezzanine equity       219,448    
Series B2 convertible preferred shares            
Mezzanine equity            
Mezzanine equity       29,451    
Series B3 convertible preferred shares            
Mezzanine equity            
Mezzanine equity       153,009    
Series B4 Convertible Preferred Shares            
Mezzanine equity            
Mezzanine equity       327,786    
Series C1 convertible preferred shares            
Mezzanine equity            
Mezzanine equity       96,052    
C2 Convertible Preferred Shares            
Mezzanine equity            
Mezzanine equity       638,863    
Series C3 convertible preferred shares            
Mezzanine equity            
Mezzanine equity       679,273    
Class A ordinary shares            
Shareholders' (deficits)/equity            
Common Shares 11 78   1    
Class B ordinary shares            
Shareholders' (deficits)/equity            
Common Shares $ 9 ¥ 64   ¥ 53