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Short-term Investments

12 Months Ended

Dec. 31, 2023

Short-term Investments

Short-term Investments

4.    Short-term Investments

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​	​	​	​	​
​		As of December 31,
​		2022		2023
​		US$		US$
Time deposits	​	818,885	​	288,758
Equity securities with readily determinable fair value (1)		2,249		2,265
Total short-term investments		821,134		291,023

(1) Starting from July 2021, the Group, from time to time, invested in ordinary shares of a listed company and disposed of portion of the investments. For the years ended December 31, 2021, 2022 and 2023, the Group recorded fair value losses on short-term equity investment of US$1,998, US$2,056 and gains of US$54, respectively, in financial income, net in the consolidated statements of comprehensive loss. This investment is classified as equity securities with readily determinable fair values.

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- Definition

The entire disclosure for investment.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 320
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org//320/tableOfContent

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Topic 321
-Publisher FASB
-URI https://asc.fasb.org//321/tableOfContent

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Topic 325
-Publisher FASB
-URI https://asc.fasb.org//325/tableOfContent

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- References

No definition available.

+ Details

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