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SHARE-BASED COMPENSATION - Share options (Details) $ / shares in Units, ¥ in Millions, $ in Millions | 12 Months Ended |
--- | --- | ---
Dec. 31, 2023 USD ($) tranche $ / shares shares | Dec. 31, 2023 CNY (¥) shares
Weighted Average Exercise Price |  |
Adjusted for performance conditions (in dollars per shares) | $ 2.80 |
Share options |  |
Number of Options |  |
Granted (in shares) | shares | 28,625,350 |
Adjusted for performance conditions (in shares) | shares | (106,250) |
Share options outstanding at the end of the period (in shares) | shares | 28,519,100 |
Share options vested or expected to vest (in shares) | shares | 26,429,100 | 26,429,100
Weighted Average Exercise Price |  |
Granted (in dollars per shares) | $ 2.80 |
Share options outstanding at the end of the period (in dollars per shares) | 2.80 |
Share options vested or expected to vest (in dollars per shares) | $ 2.80 |
Weighted Average Remaining Contractual Life and Aggregate Intrinsic Value |  |
Share options outstanding, Weighted Average Remaining Contractual Life (in years) | 9 years 4 months 28 days |
Share options vested or expected to vest, Weighted Average Remaining Contractual Life (in years) | 9 years 4 months 28 days |
Aggregate Intrinsic Value |  |
Share options outstanding, Aggregate intrinsic value | $ | $ 16 |
Share options vested or expected to vest, Aggregate intrinsic value | $ | $ 14 |
Number of tranches | tranche | 5 |
Total unrecognized compensation expense | ¥ |  | ¥ 68
Weighted-average recognition period of compensation expense (in years) | 3 years 4 months 28 days |
Weighted-average grant date fair value | $ 2.22 |
Vesting on the second anniversary | Share options |  |
Aggregate Intrinsic Value |  |
Share-based payment award, vesting percentage | 50.00% |
Vesting ratably over the following two years | Share options |  |
Aggregate Intrinsic Value |  |
Share-based payment award, vesting percentage | 50.00% |
Period for remaining percentage vested | 2 years |

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