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Intangible assets, net
12 Months Ended
Dec. 31, 2018
Intangible assets, net  
Intangible assets, net

13.Intangible assets, net

Intangible assets, net consist of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2017

 

 

Weighted-

 

 

 

 

 

 

 

 

 

 

Average

 

Gross

 

 

 

 

 

Net

 

 

Amortization

 

Carrying

 

Accumulated

 

Impairment

 

Carrying

 

    

Period

    

Amount

    

Amortization

    

Amount

    

Amount

 

 

Year

 

RMB

 

RMB

 

RMB

 

RMB

Strategic Cooperation

 

5.0

 

6,075,289

 

(4,563,957)

 

 —

 

1,511,332

Non-compete

 

8.0

 

2,467,005

 

(885,390)

 

 —

 

1,581,615

Technology

 

6.5

 

754,560

 

(168,051)

 

(69,922)

 

516,587

Domain names and trademark

 

19.5

 

3,250,789

 

(278,372)

 

(27,124)

 

2,945,293

Others

 

5.6

 

286,108

 

(88,555)

 

(59,663)

 

137,890

Total

 

9.3

 

12,833,751

 

(5,984,325)

 

(156,709)

 

6,692,717

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2018

 

 

Weighted-

 

 

 

 

 

 

 

 

 

    

Average

    

Gross

    

 

    

 

    

Net

 

 

Amortization

 

Carrying

 

Accumulated

 

Impairment

 

Carrying

 

 

Period

 

Amount

 

Amortization

 

Amount

 

Amount

 

 

Year

 

RMB

 

RMB

 

RMB

 

RMB

Strategic Cooperation

 

5.0

 

6,075,289

 

(5,779,015)

 

 —

 

296,274

Non-compete

 

8.0

 

2,467,005

 

(1,194,067)

 

 —

 

1,272,938

Technology

 

6.6

 

802,221

 

(271,698)

 

(69,922)

 

460,601

Domain names and trademark

 

19.3

 

3,305,413

 

(453,423)

 

(27,124)

 

2,824,866

Others

 

5.6

 

363,678

 

(131,572)

 

(75,079)

 

157,027

Total

 

9.3

 

13,013,606

 

(7,829,775)

 

(172,125)

 

5,011,706

 

Amortization expenses for intangible assets were RMB1,620,675,  RMB1,798,246 and RMB1,845,450 for the years ended December 31, 2016, 2017 and 2018, respectively. The Group recorded an impairment charge of nil,  nil and RMB15,416 for the years ended December 31, 2016, 2017 and 2018, respectively.  

As of December 31, 2018, amortization expenses related to the intangible assets for future periods are estimated to be as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ending December 31,

 

 

 

 

 

 

 

 

 

 

 

 

2024 and

 

    

2019

    

2020

    

2021

    

2022

    

2023

 

thereafter

 

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

 

RMB

Amortization expenses

 

930,990

 

624,849

 

614,610

 

455,693

 

337,344

 

2,048,220