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Related party transactions (Tables)
12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Schedule of related parties and their relationships with the Group
The table below sets forth the major related parties and their relationships with the Group:
 
Major related parties
 
Relationship with the Group
 
 
 
Guangzhou Sunhongs Corp., Ltd. (“Guangzhou Sunhongs”) (Formerly known as Guangzhou Shanghang Information Technology Co., Ltd.)
 
Significant influence exercised by a principal shareholder of the Company
Kingsoft Corporation Limited (“Kingsoft Group”)
 
Significant influence exercised by a principal shareholder of the Company
Bigo Inc. (“Bigo”)
 
Investment with significant influence
Shanghai Ansha Network Technology Co., Ltd.(“Shanghai Ansha”)
 
Investment with significant influence
Guangzhou Chenjun Equity Investment Limited Partnership(“Guangzhou   Chenjun”)
 
Investment with significant influence
Guangzhou Kuyou Information Technology Co., Ltd.(“Guangzhou Kuyou”)
 
Investment with significant influence
Beijing Huanqiu Xingxue Technology Development Co., Ltd.(“Xingxue”)
 
Investment with significant influence
Yunke Online
 
Investment with significant influence
Schedule of significant related party transactions
During the years ended December 31, 2016, 2017 and 2018, significant related party transactions are as follows:
 
 
 
For the year ended December 31,
 
 
 
2016
 
 
2017
 
 
2018
 
 
 
RMB
 
 
RMB
 
 
RMB
 
 
 
 
 
 
 
 
 
 
 
Loan to related parties
 
 
44,500
 
 
 
24,962
 
 
 
188,000
 
Bandwidth service provided by Guangzhou Sunhongs
 
 
96,224
 
 
 
92,068
 
 
 
103,439
 
Online games revenue shared from related parties
 
 
100,078
 
 
 
87,414
 
 
 
31,366
 
Repayment of loans from related parties
 
 
-
 
 
 
35,462
 
 
 
20,000
 
Bandwidth service provided by Kingsoft Group
 
 
-
 
 
 
711
 
 
 
11,314
 
Payments on behalf of related parties, net of repayments
 
 
10,699
 
 
 
(23,116
)
 
 
(2,543
)
Partial disposal of investments to Guangzhou Chenjun
 
 
33,750
 
 
 
35,160
 
 
 
-
 
Partial disposal of a subsidiary to Guangzhou Chenjun
 
 
24,394
 
 
 
-
 
 
 
-
 
Others
 
 
13,573
 
 
 
14,276
 
 
 
11,833
 
Schedule of the amounts due from/to related parties
As of December 31, 2017 and 2018, the amounts due from/to related parties are as follows:
 
 
 
December 31,
 
 
 
2017
 
 
2018
 
 
 
RMB
 
 
RMB
 
 
 
 
 
 
 
 
Amounts due from related parties, current
 
 
 
 
 
 
 
 
Due from Bigo
(1)
 
 
9,831
 
 
 
191,800
 
Others
 
 
1,359
 
 
 
1,759
 
 
 
 
 
 
 
 
 
 
Total
 
 
11,190
 
 
 
193,559
 
 
 
 
 
 
 
 
 
 
Amounts due from related parties, non-current
 
 
 
 
 
 
 
 
Due from Yunke Online
 
 
20,000
 
 
 
-
 
 
 
 
 
 
 
 
 
 
Amounts due to related parties
 
 
 
 
 
 
 
 
Due to Guangzhou Sunhongs
 
 
8,432
 
 
 
11,062
 
Due to Guangzhou Kuyou
 
 
7,583
 
 
 
4,144
 
Due to Shanghai Ansha
 
 
6,178
 
 
 
5,364
 
Due to Kingsoft Group
 
 
-
 
 
 
5,239
 
Others
 
 
8,309
 
 
 
2,527
 
 
 
 
 
 
 
 
 
 
Total
 
 
30,502
 
 
 
28,336
 
 
 
(1)
The amounts due from Bigo mainly consisted of unsecured loans provided to Bigo.The maturities of the loans were all within one year.