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Related party transactions | 12 Months Ended
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Dec. 31, 2014
Related Party Transactions [Abstract] |
Related party transactions |
21. | Related party transactions
The table below sets forth the related parties and their relationships with the Group:
Related Party |  | Relationship with the Group
Zhuhai Qianyou |  | Equity investment of the Group
Hao Cheng |  | Co-founder and shareholder of the Group
Chuan Wang |  | Director of the Company
Shenglong Zou |  | Co-founder and shareholder of the Group
Beijing Millet technology Co., LTD (“Beijing Xiaomi”) |  | Company owned by a shareholder of the Group
Leading Advice Holdings Limited |  | Company owned by a Co-founder and shareholder of the Group
Vantage Point Global Limited |  | Shareholder of the Company
Aiden & Lasmine Limited |  | Shareholder of the Company
Kingsoft Corporation Limited |  | Shareholder of the Company
During the years ended December 31, 2012, 2013 and 2014, significant related party transactions were as follows:
|  | Years ended December 31, |
(In thousands) |  | 2012 |  |  | 2013 |  |  | 2014 |
Game sharing costs paid and payable to Zhuhai Qianyou (note a) |  |  | 1,041 |  |  |  | 1,760 |  |  |  | 402 |
Advance to Hao Cheng |  |  | — |  |  |  | 85 |  |  |  | — |
Repayment from Hao Cheng |  |  | — |  |  |  | — |  |  |  | 85 |
Technology service revenue from Beijing Xiaomi |  |  | — |  |  |  | — |  |  |  | 303 |
Advertisement revenue from Beijing Xiaomi |  |  | — |  |  |  | — |  |  |  | 871 |
Advance to Shenglong Zou |  |  | — |  |  |  | — |  |  |  | 10 |
Advance to Chuan Wang |  |  | — |  |  |  | — |  |  |  | 7 |
note a – The Company obtained an exclusive game operation right from Zhuhai Qianyou, which is specialized in developing online games. According to the agreement, the Company will share revenues derived by the licensed games with Zhuhai Qianyou. In April 2014, the company issued 14,195,412 common shares to Leading Advice, a company owned by the Group’s chairman and chief executive officer. The issuance of common shares was to facilitate the administration of the 2014 plan. As mentioned in note 3, the Group acquired assets relating to a personal cloud storage business from certain PRC subsidiaries of Kingsoft Corporation Limited for an aggregate cash consideration of USD33 million. Kingsoft Corporation Limited, through its wholly owned subsidiary King Venture Holdings Limited, owned approximately 11.4% of our outstanding shares as of the closing of the transaction. As of December 31, 2012, 2013 and 2014, the amounts due to / from related parties were as follows:
(In thousands) |  | December 31, 2012 |  |  | December 31, 2013 |  |  | December 31, 2014 |
Amounts due to related parties |  |  |  |  |  |  |  |  |  |  |  |
Accounts payable to Zhuhai Qianyou |  |  | 313 |  |  |  | 225 |  |  |  | 84 |
Long-term payable to Aiden & Lasmine Limited (note 17) |  |  | — |  |  |  | — |  |  |  | 1,125 |
Long-term payable to Vantage Point Global Limited (note 17) |  |  | — |  |  |  | — |  |  |  | 3,012 |
(In thousands) |  | December 31, 2012 |  |  | December 31, 2013 |  |  | December 31, 2014 |
Amounts due from related parties |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivable from Beijing Xiaomi |  |  | — |  |  |  | — |  |  |  | 5 |
Other receivable from Hao Cheng |  |  | — |  |  |  | 85 |  |  |  | — |
Other receivable from Shenglong Zou |  |  | — |  |  |  | — |  |  |  | 10 |
Other receivable from Chuan Wang |  |  | — |  |  |  | — |  |  |  | 7 |

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph b -Article 3A Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864 + Details
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