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Others, net
12 Months Ended
Dec. 31, 2023
Others, net  
Others, net
20.
Others, net
Others, net consist of the following:
 
    
For the year ended December 31,
 
    
2021
    
2022
    
2023
 
                      
    
(RMB in millions)
 
Losses from fair value change of long-term investments
     (7,252      (4,096      (855
Government financial incentives
     2,482        2,773        2,557  
Interest income
     4,213        5,742        9,576  
Gains/(losses) from acquirements or disposals of business
es
and investment
s
     140        (3,558      89  
Impairment of investments
     (574      (1,969      (3,043
Foreign exchange gains/(losses), net
     42        114        (28
Others
     359        (561      (800
  
 
 
    
 
 
    
 
 
 
Total
     (590      (1,555      7,496  
  
 
 
    
 
 
    
 
 
 
Government financial incentives represent rewards provided by the relevant PRC municipal government authorities to the Group for business achievements made by the Group. Government financial incentives are recognized in “others, net” in the consolidated statements of operations and comprehensive income/(loss) when the government financial incentives are received and no further conditions need to be met, otherwise the received amounts are recorded as liabilities. The amounts of such government financial incentives are determined solely at the discretion of the relevant government authorities and there is no assurance that the Group will continue to receive these government financial incentives in the future.