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Inventories, net (Tables)

12 Months Ended

Dec. 31, 2020

Inventories, net

Schedule of Inventories, net

		As of December 31,
		2019				2020
		RMB’000				RMB’000
Products			58,795,341				60,454,174
Packing materials and others			223,234				470,386
Inventories			59,018,575				60,924,560
Inventory valuation allowance			(1,086,419	)			(1,992,041	)
Inventories, net			57,932,156				58,932,519

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- Definition

Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process.

+ References

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