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Property, equipment and software, net
12 Months Ended
Dec. 31, 2018
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, 

 

 

2017

 

2018

 

    

RMB

    

RMB

Electronic equipment

 

7,172,694

 

13,780,685

Building and building improvement

 

5,855,920

 

9,118,708

Logistic and warehouse equipment

 

2,693,969

 

3,912,356

Vehicles

 

1,164,376

 

1,240,001

Leasehold improvement

 

827,408

 

1,318,735

Office equipment

 

287,282

 

406,534

Software

 

203,848

 

250,920

Total

 

18,205,497

 

30,027,939

Less: Accumulated depreciation

 

(5,631,319)

 

(8,945,101)

Net book value

 

12,574,178

 

21,082,838

 

Depreciation expenses were RMB1,751,086,  RMB2,310,065 and RMB3,533,483 for the years ended December 31, 2016, 2017 and 2018, respectively.