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Business acquisition (Tables) | 12 Months Ended
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Dec. 31, 2023
Dada Acquisition [Member] |
Business Acquisition [Line Items] |
Summary of purchase price as of the date of acquisition | The purchase price as of the date of acquisition is comprised of:
|  | Amounts |
|  | (RMB in millions) |
Cash |  |  | 3,452 |
Business cooperation agreement as consideration of the acquisition |  |  | 1,606 |
Fair value of previously held equity interests |  |  | 5,702 |
Total |  |  | 10,760 |
Schedule of allocation of the purchase price as of the date of acquisition | The transaction was considered a business acquisition and therefore was recorded using the acquisition method of accounting. The allocation of the purchase price based on the fair values of the acquired assets and liabilities assumed as of the date of acquisition is summarized as follows:
|  | Amounts |
|  | (RMB in millions) |
Net assets acquired |  |  | 7,549 |
Newly identified and appreciation of intangible assets |  |  |  |
- Trademarks and domain names |  |  | 805 |
- Technology |  |  | 525 |
- Relationship with riders |  |  | 640 |
- Consumer base |  |  | 120 |
Premium not reflected in goodwill |  |  | 3,623 |
Goodwill |  |  | 4,542 |
Deferred tax liabilities |  |  | (522 | )
Non-controlling interests |  |  | (6,522 | )
Total |  |  | 10,760 |
CNLP [Member] |
Business Acquisition [Line Items] |
Summary of purchase price as of the date of acquisition | The purchase price as of the date of acquisition is comprised of:
|  | Amounts |
|  | (RMB in millions) |
Cash |  |  | 10,538 |
Fair value of previously held equity interests |  |  | 1,293 |
Total |  |  | 11,831 |
Schedule of allocation of the purchase price as of the date of acquisition | The transaction was considered a business acquisition and therefore was recorded using the acquisition method of accounting. The allocation of the purchase price based on the fair values of the acquired assets and liabilities assumed as of the date of acquisition is summarized as follows:
|  | Amounts |
|  | (RMB in millions) |
Net assets acquired |  |  | 4,309 |
Appreciation of property, equipment and software, construction in progress and land use rights |  |  | 10,908 |
Goodwill |  |  | 1,586 |
Deferred tax liabilities |  |  | (2,679 | )
Non-controlling interests |  |  | (2,293 | )
Total |  |  | 11,831 |
Deppon Holdco [Member] |
Business Acquisition [Line Items] |
Summary of purchase price as of the date of acquisition | The purchase price as of the date of acquisition is comprised of:
|  | Amounts |
|  | (RMB in millions) |
Cash |  |  | 8,976 |
Schedule of allocation of the purchase price as of the date of acquisition | The transaction was considered a business acquisition and therefore was recorded using the acquisition method of accounting. The allocation of the purchase price based on the fair values of the acquired assets and liabilities assumed as of the date of acquisition is summarized as follows:
|  | Amounts |
|  | (RMB in millions) |
Net assets acquired |  |  | 6,570 |
Newly identified and appreciation of intangible assets |  |  |  |
- Trademarks and domain names |  |  | 1,661 |
- Technology |  |  | 676 |
- Customer relationships |  |  | 8 |
Appreciation of construction in progress and land use rights |  |  | 15 |
Goodwill |  |  | 5,350 |
Deferred tax liabilities |  |  | (590 | )
Non-controlling interests |  |  | (4,714 | )
Total |  |  | 8,976 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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