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Related Party Transactions | 12 Months Ended
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Dec. 31, 2023
Related Party Transactions [Abstract] |
Related Party Transactions | 19. Related party transactions The table below sets forth major related parties and their relationships with the Group:
Company Name |  | Relationships with the Group
JD.com, Inc., its subsidiaries and affiliates ("JD Group") |  | A shareholder of the Group
Aileyou |  | A former investee of the Group (note)
Shanghai Gulin Technology Co., Ltd and its subsidiaries(“Gulin Group”) |  | An investee of the Group
Jinsong and its subsidiaries (“Jinsong Group”) |  | An investee of the Group
AiFenLei and its subsidiaries (“AiFenLei Group”) |  | An investee of the Group
Shanghai Yueqing Information Technology Co., Ltd(“Yueqing”) |  | An investee of the Group
Shanghai Yuejun Environmental Protection Technology Co., Ltd. (“Yuejun”) |  | An investee of the Group
Note: Aileyou became a subsidiary of the Group subsequent to the acquisition in June 2022 (see Note 3). For the years ended December 31, 2021, 2022 and 2023, significant related party transactions were as follows:
|  | Years ended December 31, |
|  | 2021 |  |  | 2022 |  |  | 2023 |
|  | RMB |  |  | RMB |  |  | RMB |
Net Service Revenue |  |  |  |  |  |  |  |  |
Services provided to Jinsong Group |  |  | 1,389 |  |  |  | 5,936 |  |  |  | 20,055 |
Merchandise costs |  |  |  |  |  |  |  |  |
Purchase from JD Group |  |  | 6,906 |  |  |  | 10,849 |  |  |  | — |
Purchase from Jinsong Group |  |  | — |  |  |  | — |  |  |  | 242 |
Purchase from Gulin Group(1) |  |  | 175,118 |  |  |  | 242,929 |  |  |  | 49,115 |
Operating expenses |  |  |  |  |  |  |  |  |
Service received from JD Group(2) |  |  | 363,946 |  |  |  | 363,764 |  |  |  | 438,431 |
Service received from Aileyou |  |  | 8,502 |  |  |  | — |  |  |  | — |
Service received from Gulin Group |  |  | 3,006 |  |  |  | — |  |  |  | — |
Interest income from loans provided to related parties |  |  | 1,272 |  |  |  | — |  |  |  | 2,420 |
Amount due from related parties |  |  |  |  |  |  |  |  |
Loan to Gulin Group |  |  | 80,500 |  |  |  | 13,000 |  |  |  | 25,000 |
Loan to AiFenLei Group |  |  | 85,900 |  |  |  | — |  |  |  | 70,000 |
Repayments from AiFenLei Group |  |  | 110,015 |  |  |  | — |  |  |  | 70,000 |
Repayments from Gulin Group |  |  | 80,500 |  |  |  | 13,000 |  |  |  | 25,000 |
Repayments from Yueqing |  |  | 9,500 |  |  |  | — |  |  |  | — |
19. Related party transactions—(Continued) As of December 31, 2022 and 2023, the amount due from/to related parties are as follows:
|  | As of December 31, |
|  | 2022 |  |  | 2023 |
|  | RMB |  |  | RMB |
Due from JD Group (4) |  |  | 96,745 |  |  |  | 58,788 |
Due from Jinsong Group |  |  |  |  |  |
Other receivables from Jinsong Group |  |  | 9,323 |  |  |  | 17,054 |
Due from AiFenLei Group |  |  |  |  |  |
Other receivables from AiFenLei Group (5) |  |  | 189,567 |  |  |  | 13,909 |
Due from Gulin Group |  |  |  |  |  |
Other receivables from Gulin Group |  |  | 7 |  |  |  | — |
Due from Yuejun Group |  |  | — |  |  |  | 231 |
|  |  | 295,642 |  |  |  | 89,982 |
Due to JD Group |  |  |  |  |  |
Other payables to JD Group (3) |  |  | 41,448 |  |  |  | 76,026 |
Due to Jinsong Group |  |  | 5,281 |  |  |  | 1,945 |
Due to Gulin Group |  |  | 875 |  |  |  | 40 |
Due to Yuejun Group |  |  | — |  |  |  | 21 |
|  |  | 47,604 |  |  |  | 78,032 |
(1) Gulin is one of the new product suppliers of the Group, the Group mainly purchases new products from Gulin. (2) JD Group mainly provides services related to the business on Paipai platform, including channel sales services, advertising services, logistic services and so on. (3) Other payables to JD Group mainly include channel commissions payable to JD Group. (4) Amount due from JD Group includes fund receivables from payment service provider of JD Group, cash collected by JD Group from third party merchants on behalf of the Group, and advance payment to customers on behalf of JD Group. (5) As of December 31, 2022, RMB 180,000 was prepaid as deposit to subscribe for preferred shares of AiFenLei. The deposit had been reclassified to long-term investments upon closing of the investment transaction in 2023 (see Note 7).

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