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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
CNY (¥)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
Cash Flows from Operating Activities        
Net loss ¥ (750,227) $ (105,666) ¥ (821,333) ¥ (1,547,038)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation of property and equipment 53,683 7,561 114,047 130,666
Amortization of intangible assets 61,077 8,603 56,848 50,705
Share-based compensation 77,502 10,915 340,860 530,440
Amortization of right-of-use assets 88,645 12,485 168,369 245,893
Recognition of deferred income (15,733) (2,216) (14,934) (14,515)
Impairment allowance of inventory (38,246) (5,387) (3,079) 87,045
Current expected credit losses 19,887 2,801
Deferred income tax expenses (benefits) (8,655) (1,219) (8,360) (5,428)
Impairment of and (gain) loss on disposal of property and equipment (1,188) (167) 80,288 36,231
Loss on disposal of intangible assets 381 54 920 2,672
Gain from acquisition of a joint venture       (2,094)
Impairment of investments     5,078 1,375
Share of income from equity investments (10,122) (1,426) (12,548) (5,978)
Impairment of goodwill 354,039 49,865 0 0
Changes in operating assets and liabilities:        
Accounts receivable (4,472) (630) 154,995 99,745
Interest receivables on short-term investments 937 132 319  
Prepayments and other current assets (7,270) (1,024) 65,916 (42,715)
Inventories 109,443 15,415 277,997 (109,930)
Other non-current assets 25,785 3,632 27,335 (18,961)
Amounts due from related parties (27,969) (3,939) (5,594) 1,260
Amounts due to related parties (17,811) (2,509) 13,275 2,153
Accounts payable (14,156) (1,994) (120,970) (244,444)
Accrued expenses and other liabilities 65,322 9,199 (17,303) (63,683)
Advances from customers 24,927 3,511 (4,028) 14,376
Deferred income       71,668
Income tax payables (3,880) (546) 5,079 (1,437)
Lease liabilities (89,341) (12,583) (166,969) (238,447)
Net Cash (used in) provided by Operating Activities (107,442) (15,133) 136,208 (1,020,441)
Cash Flows from Investing Activities        
Purchases of intangible assets (321) (45) (8,550) (25,304)
Purchases of property and equipment (43,648) (6,148) (50,778) (141,433)
Proceeds from disposal of property and equipment 1,953 275 4,099  
Purchases of short-term investments (2,341,533) (329,798) (2,421,802)  
Sales of short-term investments 2,222,376 313,015 1,459,564  
Acquisition of businesses, net of cash and cash equivalents acquired     (2,107) (989,652)
Investments on equity investments (121,547) (17,119) (135,842) (322,825)
Pre-paid consideration for an acquisition       (5,043)
Proceeds from disposal of investments 22,233 3,131    
Net Cash used in Investing Activities (260,487) (36,689) (1,155,416) (1,484,257)
Cash Flows from Financing Activities        
Repayments for short-term borrowings       (100)
Repayment of a shareholder receivable resulting from Repurchases of Ordinary Shares       12,959
Capital contributions from non-controlling interests       596
Issuance costs of issuance of Ordinary Shares in IPO     (1,706)  
Proceeds from exercise of vested share options 4,902 690 1,906  
Repurchases of Ordinary shares (212,693) (29,957) (654,650) (15,161)
Repurchase of redeemable non-controlling interests (134,664) (18,967)    
Net Cash used in Financing Activities (342,455) (48,234) (654,450) (1,706)
Effect of exchange rate changes on cash and cash equivalents and restricted cash 14,192 1,999 89,978 (88,980)
Net decrease in cash and cash equivalents and restricted cash (696,192) (98,057) (1,583,680) (2,595,384)
Cash and cash equivalents and restricted cash at the beginning of the year 1,554,328 218,923 3,138,008 5,733,392
Cash and cash equivalents and restricted cash at the end of the year 858,136 120,866 1,554,328 3,138,008
Supplemental disclosures of cash flow information        
Income taxes paid (7,750) (1,092) (6,108) (6,190)
Supplemental schedule of non-cash investing and financing activities        
Purchases of property and equipment 12,687 1,787 10,607 19,709
Purchases of intangible assets 397 56 282 2,999
Receivables of exercise price of share options 1,633 230   1,920
Payable for repurchases of Ordinary Shares 442 62   7,166
Capital injection from non-controlling interests     ¥ 1,337 ¥ 338,587
Repurchase of redeemable non-controlling interests 22,197 3,126    
Recognition of redeemable non-controlling interests ¥ 50,129 $ 7,061