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Intangible assets, net | 12 Months Ended
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Dec. 31, 2023
Intangible assets, net |
Intangible assets, net |
13. | Intangible assets, net
Intangible assets, net consist of the following:
|  | As of December 31, 2022 |
|  | Weighted- Average Amortization Period |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Impairment Amount |  |  | Net Carrying Amount |
|  | Year |  |  | (RMB in millions) |
Non-compete |  |  | 8.0 |  |  |  | 2,467 |  |  |  | (2,279 | ) |  |  | — |  |  |  | 188 |
Domain names and trademarks |  |  | 17.8 |  |  |  | 6,756 |  |  |  | (1,440 | ) |  |  | (27 | ) |  |  | 5,289 |
Customer relationship |  |  | 8.7 |  |  |  | 2,823 |  |  |  | (765 | ) |  |  | (60 | ) |  |  | 1,998 |
Technology and others |  |  | 5.4 |  |  |  | 2,890 |  |  |  | (1,141 | ) |  |  | (85 | ) |  |  | 1,664 |
Total |  |  | 12.1 |  |  |  | 14,936 |  |  |  | (5,625 | ) |  |  | (172 | ) |  |  | 9,139 |
|  | As of December 31, 2023 |
|  | Weighted- Average Amortization Period |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Impairment Amount |  |  | Net Carrying Amount |
|  | Year |  |  | (RMB in millions) |
Non-compete |  |  | 8.0 |  |  |  | 2,467 |  |  |  | (2,407 | ) |  |  | — |  |  |  | 60 |
Domain names and trademarks |  |  | 17.8 |  |  |  | 6,756 |  |  |  | (1,855 | ) |  |  | (551 | ) |  |  | 4,350 |
Customer relationship |  |  | 8.7 |  |  |  | 2,823 |  |  |  | (1,087 | ) |  |  | (60 | ) |  |  | 1,676 |
Technology and others |  |  | 5.4 |  |  |  | 2,842 |  |  |  | (1,546 | ) |  |  | (447 | ) |  |  | 849 |
Total |  |  | 12.1 |  |  |  | 14,888 |  |  |  | (6,895 | ) |  |  | (1,058 | ) |  |  | 6,935 |
Amortization expenses for intangible assets were RMB956 million, RMB1,248 million and RMB1,304 million for the years ended December 31, 2021, 2022 and 2023, respectively. No impairment loss was recorded for the years ended December 31, 2021 and 2022, respectively. For the year ended December 31, 2023, the Group recorded an impairment loss of RMB902 million for the intangible assets identified from the acquisition of Dada. As of December 31, 2023, amortization expenses related to the intangible assets for future periods are estimated to be as follows:
|  | For the year ended December 31, |
|  | 2024 |  |  | 2025 |  |  | 2026 |  |  | 2027 |  |  | 2028 |  |  | 2029 and thereafter |
|  | (RMB in millions) |
Amortization expenses |  |  | 1,173 |  |  |  | 897 |  |  |  | 738 |  |  |  | 699 |  |  |  | 568 |  |  |  | 2,860 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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