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Business Combination (Tables)

12 Months Ended

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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-Publisher FASB
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