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Related party transactions (Tables)

12 Months Ended

Dec. 31, 2019

Related party transactions

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:

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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
Xiaomi Corporation(“Xiaomi Group”)	​	Controlled by a principal shareholder of the Company
Bigo Inc (“Bigo”) *	​	Investment with significant influence
Shanghai Chuangsi Enterprise Development Co., Ltd. (“Shanghai Chuangsi”)	​	Investment with significant influence
Guangzhou Chenjun Equity Investment Limited Partnership(“Guangzhou Chenjun”)	​	Investment with significant influence

Schedule of significant related party transactions

During the years ended December 31, 2017, 2018 and 2019, significant related party transactions are as follows:

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​	​	​	​	​	​	​
​	​	For the year ended December 31,
​	​	2017	​	2018	​	2019
​		RMB		RMB		RMB
​	​	​	​	​	​	​
Loan to related parties		24,962		188,000		170,000
Bandwidth service provided by Guangzhou Sunhongs		92,068		103,439		116,033
Bandwidth service provided by Kingsoft Group		711		11,314		47,929
Promotion expense charged from related parties		—		—		26,462
Purchase of fixed assets from Kingsoft Group		—		—		16,776
Payments on behalf of related parties, net of repayments		(23,116)		(2,543)		3,866
Online games revenue shared from related parties		87,414		31,366		3,588
Repayment of loans from related parties	​	35,462	​	20,000	​	—
Partial disposal of investments to Guangzhou Chenjun		35,160		—		—
Others		14,276		11,833		23,447

Schedule of the amounts due from/to related parties

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​	​	​	​	​
​	​	December 31,
​	​	2018	​	2019
​		RMB		RMB
​	​	​	​	​
Amounts due from related parties, current
Due from Bigo		191,800		—
Others		1,759		17,262
​	​	​	​	​
Total		193,559		17,262
​	​	​	​	​
Amounts due to related parties
Due to Shanghai Chuangsi*		—		176,893
Due to Kingsoft Group		5,239		14,349
Due to Xiaomi Group		—		11,513
Due to Guangzhou Sunhongs		11,062		11,383
Others		12,035		8,143
​	​	​	​	​
Total		28,336		222,281

*  Please refer to section “disposal of online game business” in Note 4 of the consolidated financial statements.

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Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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