Related party transactions with investees

Related party transactions provided by the Company primarily related to online marketing services, cloud services and other services. The following table summarizes the revenue recognized from transactions with investees for the years ended December 31, 2020, 2021 and 2022.


	For the years ended December 31,
	2020		2021		2022		2022
	RMB		RMB		RMB		US$
	(In millions)
Revenues:
Related Party A		204		315		158		23
Related Party B		678		888		889		129
Related Party D		—		123		257		37
Related Party E (i)		949		126		—		—
Other Investees		1,015		915		939		136

Total		2,846		2,367		2,243		325

(i)

The balances mainly represent amounts arising from services including online marketing services and cloud services the Company provided to Related Party E. Related Party E ceased to be a related party from February 2021 as the Company does not have significant influence over Related Party E after its public listing.

The Group purchased produced content and licensed copyrights, traffic acquisition and other services from equity investees in an amount of RMB1.9 billion, RMB3.0 billion and RMB2.2 billion (US$314 million) for the years ended December 31, 2020, 2021 and 2022, respectively.

Related party transactions with others

In 2021 and 2022, related party transactions with Related Party C, over which the Company can significantly influence its management or operating policies, were in the total amount of RMB2.0 billion and RMB2.2 billion (US$314 million), respectively, and mainly comprised online marketing services provided to Related Party C.

In addition, 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.

Balances of due from/due to related parties

As of December 31, 2021 and 2022, amounts due from/due to related parties were as follows:

Expect for the

non-trade

balances as of December 31, 2021 and 2022 relate to transactions disclosed below, amounts due from/due to related parties arising from the ordinary and usual course of business of the Group and were trade in nature.


	As of December 31,
	2021		2022		2022
	RMB		RMB		US$
	(In millions)
Amounts due from related parties, current:
Related Party B (i)		375		3,730		541
Related Party C (ii)		514		337		49
Related Party D (iii)		129		1,059		154
Other related parties (iv)		350		306		44

Total		1,368		5,432		788

Amounts due from related parties, non-current:
Related Party B (i)		3,405		—		—
Other related parties (v)		82		60		9

Total		3,487		60		9

Amounts due to related parties, current:
Related Party B (vi)		457		3,912		567
Related Party F (vii)		305		66		10
Other related parties (viii)		1,002		1,089		158

Total		1,764		5,067		735

Amounts due to related parties, non-current:
Related Party B (vi)		3,139		—		—
Related Party F (vii)		128		98		14
Other related parties (ix)		1		1		—

Total		3,268		99		14

(i)

The balances represent amounts arising from non-trade loans due from Related Party B with interest rates ranging from 0.00% to 0.50%, which were reclassified to current liability within one year in 2022, and online marketing services, cloud services and other services the Company provided to Related Party B.

(ii)	The balance mainly represents online marketing services provided to Related Party C.

(iii)

The balance mainly represents non-trade loans due from Related Party D with interest rates of 3.465%, which was fully repaid in January 2023, unsettled receivables, and technical services provided to Related Party D.

(iv)	The balances mainly represent amounts arising from intelligent driving services, cloud services and other 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 balance represents amount due to Related Party B arising from services provided by Related Party B to the Company in the ordinary course of business and non-trade loans provided by Related Party B with interest rates of nil, which were reclassified to current liability within one year in 2022.

(vii)

The balances mainly represent deferred revenue relating to the future services to be provided by the Company to Related Party F which is an equity method

investee.

(viii)

The balances mainly represent amounts arising from services including advertising services and licensing of content assets provided by the Company’s investees and

non-trade

amounts payable for acquiring the equity interest of the Company’s investees.

(ix)	The balance mainly represents deferred revenue relating to the future services to be provided by the Company to various investees.