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Related Party Transactions
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Related Party Transactions
21.
RELATED PARTY TRANSACTIONS
Related party transactions primarily related to online marketing services provided by the Company to Trip, which amounted to RMB750 million, RMB774 million and RMB627 million (US$90 million) for the years ended December 31, 2017, 2018 and 2019, respectively. The Company also provided online marketing services, cloud services and other services to Du Xiaoman, revenue for services provided amounted to RMB256 million and RMB731 million (US$105 million) for the years ended December 31, 2018 and 2019. The Company’s related party transactions with Investee A, over which
the Company
has significant influence, mainly related to hardware products purchased from and sold to Investee A, which amounted to
nil and nil for the year ended December 31, 2017, RMB102 million and RMB77 million for the year ended December 31, 2018, RMB
1.9 billion (US$276 million) and RMB249 million (US$36 million) for the year ended December 31, 2019
.
 Other related party transactions were insignificant for each of the years presented, which included reimbursements to Robin Li’s use of an aircraft beneficially owned by his family member used for the Company’s business purposes.
As of December 31, 2018 and 2019, amounts due from/due to related parties were as follows:
 
As of December 31,
 
 
2018
 
 
2019
 
 
2019
 
 
RMB
 
 
RMB
 
 
US$
 
 
(In millions)
 
Amounts due from related parties, current:
 
 
 
 
 
 
 
 
 
Trip
(i)
 
 
58
 
 
 
96
 
 
 
14
 
Du Xiaoman
(ii)
   
77
     
737
     
106
 
Investee A
(iii)
 
 
325
 
 
 
345
 
 
 
50
 
Other related parties
(iv)
   
325
     
416
     
59
 
                         
Total
   
785
     
1,594
     
229
 
                         
Amounts due from related parties,
non-current:
 
 
 
 
 
 
 
 
 
Du Xiaoman
(ii)
   
3,884
     
3,391
     
487
 
Other related parties
(v)
   
413
     
173
     
25
 
                         
Total
   
4,297
     
3,564
     
512
 
                         
Amounts due to related parties, current:
 
 
 
 
 
 
 
 
 
Trip
(vi)
 
 
12
 
 
 
49
 
 
 
7
 
Du Xiaoman
(vii)
   
934
     
973
     
140
 
Investee A
(viii)
   
488
     
476
     
68
 
Investee B
(ix)
 
 
186
 
 
 
249
 
 
 
36
 
Other related parties
(x)
   
107
     
484
     
69
 
                         
Total
   
1,727
     
2,231
     
320
 
                         
Amounts due to related parties,
non-current:
 
 
 
 
 
 
 
 
 
Du Xiaoman
(xi)
   
3,729
     
3,430
     
493
 
Investee B
(ix)
 
 
631
 
 
 
410
 
 
 
58
 
Other related parties
(xii)
   
     
6
     
1
 
                         
Total
   
4,360
     
3,846
     
552
 
                         
(i)
The balances mainly represent amounts arising from services the Company provided to Trip.
(ii)
The balance represents long-term loans due from Du Xiaoman with interest rate ranging from 4.28% to 5.00% in 2018, and 0.00% to 0.50% in 2019, based on the re-entered
agreements
, and amounts arising from services the Company provided to Du Xiaoman. In 2018, the Company provided
a
long-term loan in the amount of RMB500 million to Du Xiaoman, which were reclassified to current liability within one year as of December 31, 2019 with interest rate 5.00%.
(iii)
The balances mainly represent an interest-bearing loan provided to Investee A, which is an equity investee. The Company is in the process of acquiring the equity interest that it does not currently own for approximately US$300 million. If the transaction is completed, Investee A will become a subsidiary of the Company.
(iv)
The balances mainly represent amounts arising from services the Company provided to its investees in ordinary course of business.
(v)
The balance consists of amount due from the Company’s investees in the ordinary course of business.
(vi)
The balances mainly represent amounts arising from services provided by Trip.
(vii)
The balance represents amount due to Du Xiaoman arising from services provided by Du Xiaoman to the Company in the ordinary course of business and for other unsettled payments, and loans provided by Du Xiaoman.
(viii)
The balances mainly represent amounts arising from hardware products purchased from Investee A, and an interest-bearing loan provided by the Investee A.
(ix)
The balances mainly represent deferred revenue relating to
the
future services to be provided by the Company to Investee B which is an equity method investment investee.
(x)
The balances mainly represent amounts arising from services provided by the Company’s investees.
(xi)
The balance represents mainly long-term loans provided by Du Xiaoman with interest rates ranging from 3.78% and 4.28%, respectively, and maturing at November 13, 2021 and August 24, 2023, respectively. In 2019, interest rates were revised to 0.00%.
(xii)
The balance represents mainly deferred revenue relating to the future services to be provided over 7 years by the Company to investees.