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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
CNY (¥)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
CNY (¥)
Dec. 31, 2022
CNY (¥)
Cash flows from operating activities:        
Net loss ¥ (1,363,651) $ (186,818) ¥ (4,811,713) ¥ (7,507,653)
Adjustments to reconcile net loss to net cash (used in)/provided by operating activities:        
Depreciation of property and equipment 554,300 75,944 727,193 755,452
Amortization of intangible assets 1,772,400 242,818 2,003,199 2,581,325
Amortization of right-of-use assets 174,430 23,897 169,294 229,295
Amortization of debt issuance costs 10,949 1,500 23,299 48,167
Share-based compensation expenses 1,116,212 152,920 1,132,644 1,040,683
Allowance for/(reversal of) expected credit losses 109,801 15,043 (16,000) 130,549
Inventory provision 18,744 2,568 10,431 191,088
Deferred income taxes (110,118) (15,086) (25,376) (36,495)
Unrealized exchange losses/(gains) (2,509) (344) 931 2,277
Unrealized fair value changes of investments 22,763 3,119 66,462 251,383
Loss on disposal of property and equipment 3,214 440 646 748
Termination expenses of certain game projects     354,811 525,762
Gain from disposal of subsidiaries and long-term investments (11,000) (1,507) (3,857) (178,378)
Loss from equity method investments 40,500 5,545 112,142 211,620
Revaluation of previously held equity interests     86,680 (152,153)
Impairments of long-term investments 486,500 66,644 278,891 465,645
(Gain)/loss of convertible senior notes repurchase 38,629 5,292 (292,213) (1,318,594)
Changes in operating assets and liabilities:        
Accounts receivable 251,244 34,419 (262,215) (59,866)
Amount due from related parties (66,910) (9,167) 75,273 (74,117)
Prepayments and other assets 273,362 37,450 342,537 (556,214)
Other long-term assets 51,154 7,008 185,783 (444,326)
Accounts payable 615,154 84,276 (60,458) 46,862
Salary and welfare payable 380,127 52,077 (182,171) 396,113
Taxes payable 83,682 11,464 29,006 130,684
Deferred revenue 848,219 116,206 133,902 173,935
Accrued liabilities and other payables 779,294 106,763 341,102 (1,026,319)
Amount due to related parties (348) (48) (12,007) (21,210)
Other long-term liabilities (61,250) (8,391) (141,594) 282,367
Net cash (used in)/provided by operating activities 6,014,900 824,032 266,622 (3,911,370)
Cash flows from investing activities:        
Purchase of property and equipment (465,367) (63,755) (181,897) (760,427)
Purchase of intangible assets (1,289,744) (176,694) (1,148,247) (1,977,897)
Purchase of short-term investments (36,969,524) (5,064,804) (13,547,650) (70,578,711)
Maturities of short-term investments 37,007,903 5,070,062 16,328,255 81,698,532
Cash consideration paid for purchase of subsidiaries, net of cash acquired     (70,000) (1,179,764)
Cash paid for long-term investments including loans (227,416) (31,156) (132,602) (1,466,311)
Loans and advances from investees 78,968 10,819 684,834 596,766
Cash received from disposal/return of long-term assets 74,307 10,180 100,574 612,214
Placements of time deposits (5,833,946) (799,247) (9,961,925) (10,245,026)
Maturities of time deposits 7,486,732 1,025,678 9,690,806 13,909,967
Impact to cash resulting from deconsolidation of subsidiaries       (125)
Net cash provided by/(used in) investing activities (138,087) (18,917) 1,762,148 10,609,218
Cash flows from financing activities:        
Proceeds of short-term and long-term loans 5,149,000 705,410 1,950,482 1,701,532
Repayment of short-term loans (1,908,696) (261,490) (2,032,295) (1,450,627)
Purchase of noncontrolling interests     (7,027) (56,741)
Proceeds from exercise of employees' share options 10,268 1,407 2 4
Proceeds from issuance of ordinary shares, net of issuance costs     2,689,380  
Proceeds from issuance of convertible notes 100,000 13,700    
Repurchase of shares (117,523) (16,101)   (347,581)
Repurchase of convertible senior notes (6,058,432) (830,002) (7,675,227) (4,201,506)
Net cash used in financing activities (2,825,383) (387,076) (5,074,685) (4,354,919)
Effect of exchange rate changes on cash and cash equivalents and restricted cash held in foreign currencies 6,177 846 100,349 321,350
Net increase/(decrease) in cash and cash equivalents and restricted cash 3,057,561 418,885 (2,945,566) 2,664,279
Cash and cash equivalents and restricted cash at beginning of the year 7,241,821 992,125 10,187,387 7,523,108
Cash and cash equivalents and restricted cash at end of the year 10,299,382 1,411,010 7,241,821 10,187,387
Cash and cash equivalents at end of the year 10,249,382 1,404,160 7,191,821 10,172,584
Restricted cash at end of the year 50,000 6,850 50,000 14,803
Supplemental disclosures of cash flows information:        
Cash paid for income taxes, net of tax refund 87,217 11,949 103,391 80,591
Cash paid for interest expense 93,809 12,852 167,291 200,172
Supplemental schedule of non-cash investing and financing activities:        
Property and equipment purchases financed by accounts payable 35,510 4,865 65,377 46,066
Acquisitions and investments financed by/(reduction of) payables (7,596) (1,041) (80,000) 202,018
Intangible assets purchases financed by payables ¥ 767,387 $ 105,132 ¥ 783,828 824,929
Issuance of ordinary shares in connection with debt conversion       ¥ 96