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Segment Information
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
Segment Reporting [Abstract]    
SEGMENT INFORMATION

17. SEGMENT INFORMATION

Operating segments are defined as components of an enterprise engaging in businesses activities for which separate financial information is available that is regularly evaluated by the Group’s chief operating decision makers (“CODM”) in deciding how to allocate resources and assess performance. The Group’s CODM has been identified as the Chief Executive Officer (“CEO”), who reviews consolidated results including revenue, gross profit and operating profit at a consolidated level only and does not distinguish between products for the purpose of making decisions about resources allocation and performance assessment. As such, the Group concluded that it has one operating segment and one reporting segment.

Long-lived assets, classified by major geographic regions are as follows.

 

December 31, 2020

 

June 30, 2021

Geographic regions

 

Amount

 

%

 

Amount

 

%

PRC

 

198,921

 

94

%

 

191,182

 

83

%

Asia & Pacific

 

198,921

 

94

%

 

191,182

 

83

%

Germany

 

12,747

 

6

%

 

21,462

 

9

%

United Kingdom

 

120

 

0

%

 

99

 

0

%

Europe

 

12,867

 

6

%

 

21,561

 

9

%

United States

 

230

 

0

%

 

18,930

 

8

%

Total

 

212,018

 

100

%

 

231,673

 

100

%

Revenues, classified by major geographic regions in which the Group’s customers are located are as follows.

 

Three months ended
June 30,

 

Six months ended
June 30,

   

2020

 

2021

 

2020

 

2021

Geographic regions

 

Amount

 

%

 

Amount

 

%

 

Amount

 

%

 

Amount

 

%

PRC

 

8,680

 

40

%

 

21,650

 

65

%

 

11,610

 

41

%

 

32,292

 

67

%

India

 

738

 

3

%

 

1,998

 

6

%

 

1,135

 

4

%

 

3,269

 

7

%

Russia

 

5,052

 

23

%

 

3,267

 

10

%

 

5,535

 

19

%

 

3,724

 

8

%

Other countries

 

332

 

2

%

 

2,169

 

6

%

 

407

 

1

%

 

2,283

 

5

%

Asia & Pacific

 

14,802

 

68

%

 

29,084

 

87

%

 

18,687

 

65

%

 

41,568

 

87

%

United Kingdom

 

1,212

 

6

%

 

3,508

 

11

%

 

3,504

 

12

%

 

5,212

 

10

%

Netherlands

 

4,187

 

19

%

 

2

 

0

%

 

4,192

 

15

%

 

22

 

0

%

Other countries

 

1,491

 

7

%

 

721

 

2

%

 

2,234

 

8

%

 

1,324

 

3

%

Europe

 

6,890

 

32

%

 

4,231

 

13

%

 

9,930

 

35

%

 

6,558

 

13

%

Other

 

6

 

0

%

 

57

 

0

%

 

30

 

0

%

 

184

 

0

%

Total

 

21,698

 

100

%

 

33,372

 

100

%

 

28,647

 

100

%

 

48,310

 

100

%

21. SEGMENT INFORMATION

Operating segments are defined as components of an enterprise engaging in businesses activities for which separate financial information is available that is regularly evaluated by the Group’s chief operating decision makers (“CODM”) in deciding how to allocate resources and assess performance. The Group’s CODM has been identified as the Chief Executive officer (“CEO”), who reviews consolidated results including revenue, gross profit and operating profit at a consolidated level only and does not distinguish between products for the purpose of making decisions about resources allocation and performance assessment. As such, the Group concluded that it has one operating segment and one reporting segment.

Substantially all of the Group’s assets are located in the PRC. Revenues, classified by major geographic regions in which the Group’s customers are located are as follows.

 

Year ended December 31,

Geographic regions

 

2018

 

2019

 

2020

Amount

 

%

 

Amount

 

%

 

Amount

 

%

PRC

 

146,235

 

84

%

 

49,346

 

64

%

 

66,160

 

62

%

India

 

 

0

%

 

4,988

 

7

%

 

8,570

 

8

%

Russia

 

10,869

 

6

%

 

3,673

 

5

%

 

5,671

 

5

%

Other countries

 

236

 

0

%

 

7,430

 

10

%

 

2,254

 

2

%

Asia & Pacific

 

157,340

 

90

%

 

65,437

 

86

%

 

82,655

 

77

%

United Kingdom

 

595

 

0

%

 

668

 

1

%

 

11,544

 

11

%

Netherlands

 

1,621

 

1

%

 

1,384

 

2

%

 

5,326

 

5

%

Other countries

 

14,352

 

9

%

 

8,627

 

11

%

 

7,444

 

7

%

Europe

 

16,568

 

10

%

 

10,679

 

14

%

 

24,314

 

23

%

Other

 

327

 

0

%

 

318

 

0

%

 

549

 

0

%

Total

 

174,235

 

100

%

 

76,434

 

100

%

 

107,518

 

100

%