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Ordinary shares | 12 Months Ended
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Dec. 31, 2019
Ordinary shares |
Ordinary shares | 2 5 . Ordinary shares Upon inception, 1 ordinary share was issued at a par value of US$0.00002 per share. In March 2014, the Company issued 351,678,637 ordinary shares to Huang River Investment Limited, a wholly owned subsidiary of Tencent Holding s Limited (“Tencent”), in connection with Tencent Transaction (Note 30 ). Additionally, upon the initial public offering in May 2014, the Company issued 166,120,400 Class A ordinary shares. Concurrently, the Company issued 139,493,960 Class A ordinary shares in a private placement to Huang River Investment Limited. In June 2016, the Company issued 144,952,250 Class A ordinary shares to Newheight Holdings Ltd., a wholly owned subsidiary of Walmart, in connection with Walmart Transaction. In June 2018, the Company issued 27,106,948 Class A ordinary shares to Google LLC, and received a consideration of US$549,836 (RMB3,531,870) after deducting financing charges. In May 2019, the Company issued 8,127,302 Class A ordinary shares to Huang River Investment Limited (Note 3 0 ). The ordinary shares reserved for future exercise of the RSUs and share options were 149,369,486, 160,323,374 and 137,075,214 as of December 31, 2017, 2018 and 2019, respectively.

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