Parent company only condensed financial information (Tables)

12 Months Ended

Dec. 31, 2015

Parent company only condensed financial information

Condensed Balance Sheets

	As of December 31,
	2014		2015
	RMB		RMB		US$
					Note 2(f)
ASSETS
Current assets:
Cash and cash equivalents	8,128,802		8,942,549		1,380,492
Short-term investments	6,119,000		—		—
Prepayments and other current assets	66,209		11,349		1,752
Amount due from related parties	170,592		—		—

Total current assets	14,484,603		8,953,898		1,382,244

Non-current assets:
Investments in subsidiaries, VIEs and VIEs’ subsidiaries	16,563,755		16,480,937		2,544,218
Investment securities	—		103,363		15,956
Intangible assets, net	6,456,198		5,056,644		780,611

Total non-current assets	23,019,953		21,640,944		3,340,785

Total assets	37,504,556		30,594,842		4,723,029


LIABILITIES
Current liabilities:
Accrued expenses and other liabilities	6,489		54,227		8,370

Total liabilities	6,489		54,227		8,370


SHAREHOLDERS’ EQUITY:
Ordinary shares (US$0.00002 par value; 100,000,000,000 shares authorized; 2,237,460,751 Class A ordinary shares issued and 2,208,310,595 outstanding, 556,295,899 Class B ordinary shares issued and 523,407,762 outstanding as of December 31, 2014; 2,313,578,195 Class A ordinary shares issued and 2,287,701,055 outstanding, 480,178,455 Class B ordinary shares issued and 454,289,431 outstanding as of December 31, 2015)	358		358		55
Additional paid-in capital	47,131,172		48,393,126		7,470,611
Statutory reserves	15,009		55,560		8,577
Treasury stock	(4	)	(3	)	(0	)
Accumulated deficit	(9,272,343	)	(18,690,910	)	(2,885,379	)
Accumulated other comprehensive income/(loss)	(376,125	)	782,484		120,795

Total shareholders’ equity	37,498,067		30,540,615		4,714,659

Total liabilities and shareholders’ equity	37,504,556		30,594,842		4,723,029

Condensed Statements of Operations and Comprehensive Loss

	For the year ended December 31,
	2013		2014		2015
	RMB		RMB		RMB		US$ Note 2(f)
Operating expenses
Marketing	—		(915,455	)	(1,221,580	)	(188,579	)
General and administrative	(4,065	)	(3,834,699	)	(445,095	)	(68,711	)

Loss from operations	(4,065	)	(4,750,154	)	(1,666,675	)	(257,290	)
Equity in loss of subsidiaries, VIEs and VIEs’ subsidiaries	(164,843	)	(449,816	)	(7,790,292	)	(1,202,613	)
Interest income	3,987		183,294		143,757		22,192
Others, net	115,022		20,318		(64,806	)	(10,004	)

Net loss	(49,899	)	(4,996,358	)	(9,378,016	)	(1,447,715	)
Preferred shares redemption value accretion	(2,435,366	)	(7,957,640	)	—		—

Net loss attributable to ordinary shareholders	(2,485,265	)	(12,953,998	)	(9,378,016	)	(1,447,715	)


Net loss	(49,899	)	(4,996,358	)	(9,378,016	)	(1,447,715	)
Other comprehensive loss:
Foreign currency translation adjustments	(137,921	)	(121,612	)	1,181,231		182,350
Net change in unrealized gains/(losses) on available-for-sale securities:
Unrealized gains/(losses), nil of tax	96,501		71,286		(238,852	)	(36,872	)
Reclassification adjustment for (gains)/losses recorded in net income, nil of tax	(73,277	)	(57,181	)	216,230		33,380

Net unrealized gains/(losses) on available-for-sale securities	23,224		14,105		(22,622	)	(3,492	)

Total other comprehensive income/(loss)	(114,697	)	(107,507	)	1,158,609		178,858

Total comprehensive loss	(164,596	)	(5,103,865	)	(8,219,407	)	(1,268,857	)

Condensed Statements of Cash Flow

Condensed Statements of Cash Flows

	For the year ended December 31,
	2013		2014		2015
	RMB		RMB		RMB		US$ Note 2(f)

Net cash provided by/(used in) operating activities	(1,209	)	101,150		169,018		26,092
Net cash provided by/(used in) investing activities	(5,399,613	)	(9,069,394	)	579,850		89,513
Net cash provided by financing activities	2,720,076		17,447,655		75,713		11,688
Effect of exchange rate changes on cash and cash equivalents	(51,988	)	(363,084	)	(10,834	)	(1,672	)

Net increase/(decrease) in cash and cash equivalents	(2,732,734	)	8,116,327		813,747		125,621
Cash and cash equivalents at beginning of year	2,745,209		12,475		8,128,802		1,254,871

Cash and cash equivalents at end of year	12,475		8,128,802		8,942,549		1,380,492