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Property, equipment and software, net

12 Months Ended

Dec. 31, 2019

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,
		2018				2019
		RMB				RMB
Computer and electronic equipment			126,842				166,019
Office furniture and equipment			13,843				15,993
Leasehold improvement			55,575				56,554
Software			28,069				33,797
Total			224,329				272,363
Less: Accumulated depreciation and amortization(1)			(80,327	)			(138,039	)
Property, equipment and software, net			144,002				134,324

(1) Depreciation and amortization expenses for the years ended December 31, 2017, 2018 and 2019 was RMB22,555, RMB42,162 and RMB57,712, respectively.

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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