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Leases (Tables)

12 Months Ended

Dec. 31, 2020

The following table provides information related to the Group’s operating leases (in thousands):


	For the year ended December 31,
	2019	2020
	RMB	RMB
Operating lease cost ⁽ⁱ⁾	360,383	433,412
Cash paid for amounts included in the measurement of operating lease liabilities	284,969	323,836
Right-of-use assets obtained in exchange for operating lease obligations	179,350	658,168

(i)	Included short-term lease cost of RMB65.6 million and RMB27.6 million and amortization expenses of land use rights of RMB72.2 million and RMB84.7 million for the year ended December 31, 2019 and 2020, respectively.

The following table provides a summary of the Group’s operating lease terms and discount rates as of December 31, 2019 and 2020:


	December 31,		December 31,
	2019		2020
Weighted average remaining lease term	1.93 years		2.27 years
Weighted average discount rate	4.35	%	4.16	%

Maturities of operating lease liabilities as of December 31, 2020 were as follows (in thousands):


		RMB
2021		338,476
2022		204,759
2023		129,932
2024		101,764
2025		58,858
Thereafter		34,596
Total operating lease payments		868,385
Less: imputed interest		(62,650)
Total		805,735