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Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2023

Schedule of Revenue received from major related parties

The following table summarizes the revenue recognized from transactions with investees for the years ended December 31, 2021, 2022 and 2023.


	For the years ended December 31,
	2021		2022		2023		2023
	RMB		RMB		RMB		US$
	(In millions)
Revenues:
Related Party A		315		158		540		76
Related Party B		888		889		924		130
Related Party D		123		257		338		48
Related Party E (i)		126		—		—		—
Other Investees		915		939		897		126

Total		2,367		2,243		2,699		380

(i)

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

Amounts due from/due to related parties

Except for the

non-trade

balances as of December 31, 2022 and 2023 relating 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,
	2022		2023		2023
	RMB		RMB		US$
	(In millions)
Amounts due from related parties, current:
Related Party B (i)		3,730		341		48
Related Party C (ii)		337		229		32
Related Party D (iii)		1,059		499		70
Other related parties (iv)		306		355		51

Total		5,432		1,424		201

Amounts due from related parties, non-current:
Related Party B (i)		—		36		5
Other related parties (v)		60		159		22

Total		60		195		27

Amounts due to related parties, current:
Related Party B (vi)		3,912		517		73
Related Party F (vii)		66		76		11
Other related parties (viii)		1,089		1,010		142

Total		5,067		1,603		226

Amounts due to related parties, non-current:
Related Party F (vii)		98		76		11
Other related parties (ix)		1		1		—

Total		99		77		11

(i)	The balance represents non-trade loans due from Related Party B with interest rates ranging from 0.00% to 0.50%, which were fully repaid in December 2023, and receivables arising from providing online marketing services, cloud services and other services to Related Party B.

(ii)	The balance mainly represents receivables arising from providing online marketing services to Related Party C.

(iii)

The balance mainly represents

non-trade

loans due from Related Party D with interest rates of 3.465%, which were fully repaid in January 2023, unsettled receivables, and account receivables arising from providing technical services to Related Party D.

(iv)	The balance mainly represents amounts arising from content distribution services, cloud services and other services the Company provided to its investees in ordinary course of business.

(v)	The balance mainly represents prepayments for licensed copyrights to be received from the Company’s equity investees.

(vi)	The balance represents non-trade loans due to Related Party B with interest rates of nil, which were fully settled in December 2023, and amounts arising from purchasing services from Related Party B in the ordinary course of business.

(vii)

The balance mainly represents deferred revenue in relation to licenses of intellectual property to be provided to Related Party F.

(viii)

The balance mainly represents 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 investees.