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Share-based Compensation (Tables)
12 Months Ended
Dec. 31, 2024
Share based Compensation  
Summary of the group's share-based compensation cost The table below presents a summary of the Group’s share-based compensation cost (in thousands):

For the year ended December 31, 

    

2022

    

2023

    

2024

RMB

RMB

RMB

Cost of revenues

 

758,413

823,765

1,185,854

Selling and marketing expenses

 

120,171

132,801

104,534

General and administrative expenses

 

1,214,995

1,119,018

1,069,850

Research and development expenses

 

1,080,581

1,167,226

1,522,701

 

3,174,160

3,242,810

3,882,939

Restricted share units  
Share based Compensation  
Summary of the company's RSUs award activities

Weighted average

grant date fair

    

Number of RSUs

    

value

(in thousands)

US$

Outstanding at January 1, 2022

 

12,996

 

75.40

 

Granted

 

5,335

 

93.98

 

Vested

 

(4,630)

 

75.01

 

Forfeited

 

(696)

 

84.55

 

Outstanding at December 31, 2022

 

13,005

 

82.67

 

Outstanding at January 1, 2023

 

13,005

 

82.67

 

Granted

 

4,795

 

84.73

 

Vested

 

(5,190)

 

76.27

 

Forfeited

 

(523)

 

88.24

 

Outstanding at December 31, 2023

 

12,087

 

86.00

 

Outstanding at January 1, 2024

 

12,087

 

86.00

 

Granted

 

6,023

 

104.48

 

Vested

 

(5,375)

 

81.78

 

Forfeited

 

(976)

 

94.58

 

Outstanding at December 31, 2024

 

11,759

 

96.68