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Business Combination (Tables) | 12 Months Ended
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Dec. 31, 2018
Transaction with Tencent |
Business combination |
Summary of goodwill and intangible assets |
|  |  |  | Amortization
|  | Amount |  | Years
|  | RMB |  |
Strategic Cooperation Agreement |  | 6,075,289 |  | 5
Non-compete Agreement |  | 1,442,389 |  | 8
Logistic workforce |  | 13,900 |  | 3
Technology |  | 108,800 |  | 5
Domain names and trademark |  | 33,100 |  | 10
Advertising customer relationship |  | 80,400 |  | 7
Deferred tax liability |  | (41,893) |  |
Goodwill |  | 2,593,420 |  |
Transaction with Walmart |
Business combination |
Summary of purchase price allocation |
|  | Amount
|  | RMB
Fair value of the Company’s shares issued |  | 9,592,258
|  |  |  | Amortization
|  | Amount |  | Years
|  | RMB |  |
Non-compete Agreement |  | 1,019,816 |  | 8
YHD marketplace |  |  |  |
Goodwill |  | 5,755,826 |  |
Domain names and trademark |  | 3,099,958 |  | 20
Technology |  | 537,785 |  | 7
Property, plant and equipment, net |  | 65,887 |  |
Customer relationship |  | 29,896 |  | 10
Deferred tax liability |  | (916,910) |  |
Total Purchase price |  | 9,592,258 |  |

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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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