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Property, equipment and software, net
12 Months Ended
Dec. 31, 2017
Property, equipment and software, net  
Property, equipment and software, net

 

11.  Property, equipment and software, net

 

Property, equipment and software, net, consist of the following:

 

 

 

As of December 31,

 

 

 

2016

 

2017

 

 

 

RMB

 

RMB

 

Electronic equipment

 

3,779,766

 

7,172,694

 

Office equipment

 

265,815

 

287,282

 

Vehicles

 

1,091,556

 

1,164,376

 

Logistic and warehouse equipment

 

1,578,653

 

2,693,969

 

Leasehold improvement

 

493,765

 

827,408

 

Software

 

175,418

 

203,848

 

Building and building improvement

 

3,066,343

 

5,855,920

 

 

 

 

 

 

 

Total

 

10,451,316

 

18,205,497

 

Less: Accumulated depreciation

 

(3,427,907

)

(5,631,319

)

 

 

 

 

 

 

Net book value

 

7,023,409

 

12,574,178

 

 

 

 

 

 

 

 

Depreciation expenses were RMB1,027,312, RMB1,751,086 and RMB2,310,065 for the years ended December 31, 2015, 2016 and 2017, respectively.