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Consolidated Statements of Cash Flows
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
CNY (¥)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
CNY (¥)
Dec. 31, 2019
CNY (¥)
CASH FLOWS FROM OPERATING ACTIVITIES        
Net loss ¥ (1,591,756) $ (249,781) ¥ (962,198) ¥ (1,111,199)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 855,604 134,263 758,038 604,581
Share-based compensation 434,350 68,159 330,114 121,279
Provision for credit losses 112,013 17,577 31,881 20,645
Gain on disposal of property and equipment (5,814) (912) (2,242) (74)
Changes in fair value of equity investments (82,492) (12,945) (14,301)  
Gain on disposal of equity investments (10,363) (1,626)    
Changes in fair value of purchase consideration of a business acquisition 9,249 1,451    
Changes in fair value of contingent consideration of a business acquisition (7,034) (1,104)    
Issuance costs expensed for follow-on offering     3,727  
Foreign exchange loss (gain) (37,822) (5,935) (188,800) 38,961
Deferred income tax (11,852) (1,860) (177) (177)
Non-cash operating lease expense 52,648 8,262 52,890  
Changes in operating assets and liabilities:        
Accounts receivable (947,790) (148,727) (1,024,113) (823,033)
Prepayments and other assets 30,883 4,846 (356,761) (5,883)
Amounts due from related parties (2,075) (326) (75,315) 84,981
Accounts payable 593,410 93,119 804,198 533,771
Accrued expenses and other liabilities (91,018) (14,283) 381,001 103,276
Operating lease liabilities (31,791) (4,989) (45,748)  
Amounts due to related parties 2,064 324 8,739 (11,163)
Income tax payable 20,717 3,251 8,457 4,726
Net cash used in operating activities (708,869) (111,236) (290,433) (439,132)
CASH FLOWS FROM INVESTING ACTIVITIES        
Purchases of property and equipment (723,285) (113,500) (1,559,946) (999,538)
Disposal of property and equipment 8,319 1,305 1,363  
Purchases of intangible assets (12,106) (1,900) (16,865) (115)
Purchases of short-term investments (2,568,325) (403,026) (5,607,690) (1,111,968)
Proceeds from maturities of short-term investments 2,720,186 426,857 2,891,597 3,107,623
Purchases of land use rights     (14,832)  
Acquisition of equity investments (52,493) (8,237) (14,650) (94,376)
Disposal of equity investments 63,476 9,961    
Acquisition of business, net of cash acquired 139,350 21,867    
Asset-related government grants received 3,255 511 7,020 5,000
Loans to senior executives       (23,379)
Net cash (used in) generated from investing activities (421,623) (66,162) (4,314,003) 883,247
CASH FLOWS FROM FINANCING ACTIVITIES        
Repayment of long-term bank loan (74,351) (11,667) (100,000) (80,787)
Repayment of short-term bank loans (496,707) (77,944)    
Proceeds from short-term bank loans 1,540,166 241,685 278,487  
Proceeds from IPO, net of offering costs     3,933,393  
Proceeds from follow-on offering, net of offering costs     1,876,316  
Proceeds from loans due to related parties 1,192,455 187,122    
Repayment of loan due to a related party       (225,000)
Proceeds from exercise of options 50,924 7,991 11,227 20,899
Proceeds from redeemable convertible preferred shares, net of issuance costs     124,730 349,395
Net cash generated from financing activities 2,212,487 347,187 6,124,153 64,507
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (50,048) (7,854) (118,306) 7,570
Net increase in cash, cash equivalents, and restricted cash 1,081,995 169,789 1,519,717 508,622
Cash, cash equivalents, and restricted cash at beginning of year 3,424,674 537,406 2,023,263 1,507,071
Cash, cash equivalents, and restricted cash at end of year 4,456,621 699,341 3,424,674 2,023,263
Supplemental disclosures of cash flow information:        
Restricted cash 239,093 37,519    
Income taxes paid 6,874 1,079 6,270 4,277
Interest expense paid 45,844 7,194 9,206 24,143
Cash payments for operating leases 35,214 5,526 60,273  
Non-cash investing and financing activities:        
Purchases of property and equipment included in accrued expenses and other liabilities 759,391 119,165 181,038 609,363
Acquisitions of equity investments included in accrued expenses and other liabilities       15,500
Settlement of senior executive loans by repurchase of ordinary shares     26,700  
Right-of-use assets obtained in exchange for operating lease liabilities 6,915 1,085 ¥ 195,890  
Purchase consideration included in accrued expenses and other liabilities 1,328,508 208,472    
Series D+ redeemable convertible preferred shares issuance costs included in accrued expenses and other liabilities       ¥ 10,276
Non-cash acquisition of business ¥ 3,617,083 $ 567,599