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Property, equipment and software, net
12 Months Ended
Dec. 31, 2021
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,
 
    
2020
    
2021
 
               
    
(RMB in millions)
 
Electronic equipment
     15,112        11,222  
Building and building improvement
     11,276        21,072  
Logistics, warehouse and other heavy equipment
     7,418        10,084  
Vehicles
     1,776        2,681  
Leasehold improvement
     2,900        3,766  
Office equipment
     440        530  
Software
     781        867  
    
 
 
    
 
 
 
Total
     39,703        50,222  
Less: accumulated depreciation
     (17,106      (17,278
    
 
 
    
 
 
 
Net book value
     22,597                32,944  
    
 
 
    
 
 
 
Depreciation expenses were RMB4,673 million, RMB5,037 million and RMB5,000
million for the years ended December 31, 2019, 2020 and 2021, respectively. No impairment charge was recorded for the years ended December 31, 2019, 2020 and 2021, respectively.