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v3.22.1

Property, Equipment and Software, Net | 12 Months Ended
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Dec. 31, 2021
Property, Plant and Equipment [Abstract] |
Property, Equipment and Software, Net | 6. PROPERTY, EQUIPMENT AND SOFTWARE, NET Property, equipment and software, net consist of the following:
|  | As of December 31, |
|  | 2020 |  |  | 2021 |
|  | RMB |  |  | RMB |
Electronic equipment |  |  | 204,805 |  |  |  | 429,683 |
Leasehold improvement |  |  | 39,460 |  |  |  | 65,885 |
Furniture and fixtures |  |  | 9,486 |  |  |  | 12,784 |
Motor vehicles |  |  | 2,316 |  |  |  | 3,904 |
Software |  |  | 1,615 |  |  |  | 3,126 |
Total cost |  |  | 257,682 |  |  |  | 515,382 |
Less: accumulated depreciation |  |  | (66,327 | ) |  |  | (146,256 | )
Total property, equipment and software, net |  |  | 191,355 |  |  |  | 369,126 |
Depreciation expenses were RMB17,971, RMB41,004 and RMB80,009 for the years ended December 31, 2019, 2020 and 2021, respectively.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=120429125&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120429125&loc=d3e99779-112916 + Details
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