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Prepaid Expenses and Other Current Assets
12 Months Ended
Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Current Assets
4.
PREPAID EXPENSES AND OTHER CURRENT ASSETS
Prepaid expenses and other current assets consisted of the following:
 
     As of December 31,  
     2021      2022  
     RMB      RMB  
Interest receivable
     276,316        346,994  
Deposits with third-party payment channels (i)
     241,719        242,863  
Advance to suppliers (ii)
     68,986        81,821  
Input VAT (iii)
     78,657        58,058  
Deferred platform commission cost
     37,690        32,004  
Prepaid service fee and issuance fee
     42,530        26,172  
Others
     29,174        31,794  
    
 
 
    
 
 
 
       775,072        819,706  
    
 
 
    
 
 
 
 
(i)
Deposits with third-party payment channels are mainly the cash deposited in certain third-party payment channels by the Group for the broadcasters and the gift recipients who received the virtual items in the value-added service to withdraw their revenue sharing and the customer payment to the Group’s account through the third-party payment channels.
(ii)
Advance to suppliers were primarily for advertising fees and related service fees.
(iii)
Input VAT mainly occurred from the purchasing of goods or other services, property and equipment and advertising activities. It is subject to verification by related tax authorities before offsetting the VAT output.