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Inventories, net
12 Months Ended
Dec. 31, 2022
Inventories, net  
Inventories, net
10.
Inventories, net
Inventories, net consist of the following:
 
 
  
As of December 31,
 
 
  
2021
 
  
2022
 
 
  
 
 
  
 
 
 
  
(RMB in millions)
 
Products
     77,422        80,966  
Packing materials and others
     478        1,098  
    
 
 
    
 
 
 
Inventories
     77,900        82,064  
Inventory valuation allowance
     (2,299      (4,115 )
 
    
 
 
    
 
 
 
Inventories, net
     75,601        77,949