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Taxation (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Summary of Loss by Tax Jurisdiction

Loss by tax jurisdictions

		Years ended December 31,
		2021				2022				2023
		RMB				RMB				RMB
Loss from Mainland China operations			882,229				2,616,828				109,968
Loss (income) from non-Mainland China operations			71,618				(43,579	)			38,438
Total loss before tax and share of loss of equity method investments			953,847				2,573,249				148,406

Summary of Current and Deferred Portion of Income Tax Expenses Included in Consolidated Statements of Operations and Comprehensive Loss

The current and deferred portion of income tax expenses included in the consolidated statements of operations and comprehensive loss are as follows:

		Years ended December 31,
		2021				2022				2023
		RMB				RMB				RMB
Current tax expenses			—				43				1,124
Deferred tax benefits			(143,863	)			(111,826	)			(43,654	)
Total income tax benefits			(143,863	)			(111,783	)			(42,530	)

Schedule of Reconciliation of Total Tax Expenses Computed by Applying Respective Statutory Income Tax Rate to Pre-Tax Income

The Group did not incur any current income tax expenses for the years ended December 31, 2021. The reconciliation of total tax expenses computed by applying the respective statutory income tax rate to pre-tax income is as follows:

		Years ended December 31,
		2021				2022				2023
		RMB				RMB				RMB
PRC income tax rate			25.00	%			25.00	%			25.00	%
Expenses not deductible for tax purposes			(11.86	%)			(20.25	%)			(20.63	%)
Super deduction on technology and content expenses			2.83	%			0.68	%			2.85	%
Effect of preferential tax rate for high-tech enterprises			6.25	%			(1.84	%)			(19.55	%)
Effect of different tax rates of a subsidiary operating in other jurisdictions			(1.85	%)			2.01	%			(7.33	%)
Effect of enacted tax rate change of deferred tax liabilities			—				—				—
Effect of expired tax loss			(0.54	%)			—				(0.01	%)
Change in valuation allowance			(4.62	%)			(0.97	%)			71.18	%
True up			(0.13	%)			(0.29	%)			(22.85	%)
Total			15.08	%			4.34	%			28.66	%

Summary of Deferred Tax Assets and Deferred Tax Liabilities

Deferred tax assets and deferred tax liabilities:

		As of December 31,
		2021				2022				2023
		RMB				RMB				RMB
Deferred tax assets
Tax loss carried forward			278,980				276,958				134,981
Deductible temporary differences			59,598				83,132				111,726
Allowance for credit losses			375				250				4,111
Write-down of inventory			649				689				11,437
Unrealized fair value losses for certain investments			438				3,808				—
Impairment loss of long-term investments			4,125				3,047				—
Total deferred tax assets			344,165				367,884				262,255
Less: valuation allowance			(344,165	)			(367,884	)			(262,255	)
Net deferred tax assets			—				—				—
Deferred tax liabilities
Identifiable intangible assets and deferred cost acquired			223,138				111,312				67,658
Total deferred tax liabilities			223,138				111,312				67,658

Movement of Deferred Tax Valuation Allowance

The movement of deferred tax valuation allowance is as follows:

		As of December 31,
		2021				2022				2023
		RMB				RMB				RMB
Balance at beginning of the year			316,360				344,165				367,884
Additions (reductions), net of foreign exchange impacts			27,805				23,719				(105,629	)
Balance at end of the year			344,165				367,884				262,255

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